Asked for £10 from the ATM and it gave me £70 ?

I'd like to see them try take the money back off you. someone else could have quite easily taken the money and you not notice. It happens. thats what happened to me before, 2 girls used an atm, took their money, walked off, as I was about to put my card in, the machine opened up its lovely little mouth and handed me 70. I initially thought it was the girls but they had a transaction receipt but left it in the machine (it had just finished printing) - why people ask for the transaction and then leave it there for all to see is beyond me.
 
It'll just be deducted from your account, probably without warning. Well, you could say that because you actually have the £70 in your hand you were warned.
 
I'd like to see them try take the money back off you. someone else could have quite easily taken the money and you not notice. It happens. thats what happened to me before, 2 girls used an atm, took their money, walked off, as I was about to put my card in, the machine opened up its lovely little mouth and handed me 70. I initially thought it was the girls but they had a transaction receipt but left it in the machine (it had just finished printing) - why people ask for the transaction and then leave it there for all to see is beyond me.

There wouldn't be a try about it - they just would.
What makes you think that banks just sit back and not bother reclaiming money which is rightfully theirs?

In your story - if for example the girls had accidentally left the money in the machine after a few seconds the machine "sucks" the money back and noboy loses.
If however you'd decided to take the money you could be traced and once again charged with theft.
An awful lot of cashpoints have CCTV.

Bank errors very rarely stay as bank errors and once found out they don't ask for their money back they simply take it.
 
It'll just be deducted from your account, probably without warning. Well, you could say that because you actually have the £70 in your hand you were warned.

That, and I assume if the op tried to withdraw from the same machine twice that day the bank could narrow down the error to him quite easily (and have cctv to back it up?).

£60 :D

I pulled it out to get my hair cut and on the way back thought

hmmmmmm, let's try that again!

Didn't work twice :eek::o:p:D
 
I work for your bank, we have a tracing system to alert us about MDIs (mis-dispense incidents), from the ATM logs we can back track each note dispensed and will persue you for the initial £60 and subsequent costs involved. If the inverse occured and we dispensed you £10 instead of £70 there is a clear procedure which protects you being out of pocket.

you must pay the money back or we will sue you, and believe me we have nasty laywers and you will lose
 
LOL awesome, I had this happen to my uncle before and he got £500 when all he wanted was a printed balance, he spent all the money and never heard anything back, its totally safe coz it happened to my uncle so its fine for you to do too.if the bank ask for it back say Will's uncle got away with it so why shouldn't you???
 
LOL give me the cash, lol

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result, had something along the same lines once and split £200 with a mate...in fact i think we nicked it but it was along time ago and i was very drunk *cough just forget i mentioned it.
 
I worked in a shop and the ATM machine we had just gave us a balance at the end of the day, you counted what was left in the machine against that, surely most ATMs work on the same principle? Although with bigger amounts of money of course...
 
It won't be noticed. I once got £40 when I pressed in £10 - two twenty pound notes came out. That was a long time ago, and I've received no correspondence or anything of the sort.

You're owed that money anyway, considering that the banks are taking the taxpayer's money and spending it on frivolous crap.
 
I work for your bank, we have a tracing system to alert us about MDIs (mis-dispense incidents), from the ATM logs we can back track each note dispensed and will persue you for the initial £60 and subsequent costs involved. If the inverse occured and we dispensed you £10 instead of £70 there is a clear procedure which protects you being out of pocket.

you must pay the money back or we will sue you, and believe me we have nasty laywers and you will lose

I am also banking, but branch-based and as far as I can tell this would no be noticed until the machine was balanced and even then, it wouldn't be investigated due to the amount, unless the machine was cabbaged and was doing it on a regular basis. I would simply write that off as an operational loss and grumble about it messing with my cost lines under my breath, knowing there was naff all I can do about it as self service won't investigate for small amounts.

The other way around, sure it would be investigated, but that is the whole thing around operational loss is whether or not it is worth going through the bother of finding it.

On a final point, I have been in charge of an ATM that would, at random points, dispense £200 without having any record of the transaction. Over 9 months, just about everyone I knew took control of it and it STILL did it. Only one person ever owned up! That turned out to be the machine.
 
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