Bank accidentally withdraws $11 billion from man's account
Filed under: Banks
The next time you think your bank has something to be desired, you can at least be thankful that it hasn't made an error leaving you a few billion dollars in debt.
According to some news fresh from The Cophenhagen Post, in Hillerod, Denmark, an electrician recently looked at his bank account and discovered there had been a rather significant withdrawal. The bank had accidentally taken out 63 billion kroner from this man's account, which according to the online currency calculator I used, is $11 billion dollars.
I think if a mistake like that had been made at my bank account, I'd probably go into cardiac arrest. Fortunately, the electrician, Dennis Pallesgaard, did what everyone should do. He called his bank to insist that they had made a mistake.
They apparently didn't argue the point.
It turns out that they had typed in an account number where they should have typed in the numbers for a withdrawal--3,200 kroner from a mortgage deed registration on a property deal. But instead, the bank took out an extra 63,002,842,493.
They quickly replaced it, and I'm assuming that the bank didn't give the man anything for his shock, like a pillow or an all-inclusive vacation at a nearby resort. And maybe they shouldn't have. It was, after all, an honest mistake. But, of course, if it had been the electrician who had made a careless error, the bank management wouldn't be laughing and letting bygones be bygones. He would have been given enough overdraft fees that he'd be rotting in debtor's prison now.
According to some news fresh from The Cophenhagen Post, in Hillerod, Denmark, an electrician recently looked at his bank account and discovered there had been a rather significant withdrawal. The bank had accidentally taken out 63 billion kroner from this man's account, which according to the online currency calculator I used, is $11 billion dollars.
They apparently didn't argue the point.
It turns out that they had typed in an account number where they should have typed in the numbers for a withdrawal--3,200 kroner from a mortgage deed registration on a property deal. But instead, the bank took out an extra 63,002,842,493.
They quickly replaced it, and I'm assuming that the bank didn't give the man anything for his shock, like a pillow or an all-inclusive vacation at a nearby resort. And maybe they shouldn't have. It was, after all, an honest mistake. But, of course, if it had been the electrician who had made a careless error, the bank management wouldn't be laughing and letting bygones be bygones. He would have been given enough overdraft fees that he'd be rotting in debtor's prison now.



Reader Comments (Page 1 of 1)
4-08-2009 @ 8:05PM
Adrien said...
I wonder what they would do if I "accidently" took just 1 million from their account... hmmm haha
Adrien
http://www.TheNakedHippie.com
Organic Tshirts
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4-08-2009 @ 8:12PM
KENTCOUNTYELEC said...
I WANT TO BE A ELECTRICIAN IN DEMARK. WHERE DOES A ELECTRICIAN GET 11 BILLON DOLLARS TO TAKE.
Reply
4-08-2009 @ 8:14PM
Debbie said...
I think I will become an electrician and move to Denmark....
$11 billion????
Reply
4-08-2009 @ 8:37PM
Cara said...
He didn't have the 11 billion, the error overdrew his account. This is what happens when you don't actually read the article.
Reply
4-08-2009 @ 8:31PM
sinuous said...
Chase didn't take $11 billion from my bank account..they hsouldn't have..but the did take out a couple of hundred that wasnt' there and to this day has never apologized, paid it back...nothing. And was it legal? Absolutely and they told me it was MY fault and I shouldn't be making mistakes. Yeah..doesn't it make you want to continue banking?
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4-08-2009 @ 8:42PM
HarleyDoody said...
An Electrician with 11 Billion ? Time for an Audit I think ..
Reply
4-08-2009 @ 9:06PM
JOHNNIE said...
Does anyone read the article? He didn't have $11 billion in the bank. This transaction overdrew him.
4-08-2009 @ 9:04PM
J said...
REREAD THE ARTICLE FELLA'S. it clearly reads that the bank TOOK the money OUT of his account and left him with a very expensive overdraft. it would do you no good to become an electrician and move to Denmark, it would actually hurt your bank account to do this.
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4-09-2009 @ 3:03AM
Shaun said...
This is why I don't allow comments on my financial site. ;-)
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