Metropol

Simple one this - not so much of an essay compared to my last few topics.

We've all seen it where the "available balance" disagrees with the "account balance" which is often due to a debit card transaction not processed or a cheque that hasn't cleared. But for around the last 10 days I had around a £5 difference in opinion between these figures.

Now in these crunchy times, I'm more of a Microsoft Money nut than ever, taking down every transaction so I know exactly where my money is going so I knew it wasn't something that hadn't been processed or anything like that. The strange thing is over the last few days the difference has slowly been going down and is now down to exactly £1.

I imagine it's just one of those things that you will only notice when you look closely at your finances, but still very odd. I've spoken to many other people who've had the same thing occur and the "problem" corrects itself a few days later. But you know, if Lloyds TSB took £5 from every customer account, that's a lot of betting against the pound you could do!

I vaguely remember a story about a bank, when calculating interest, instead of rounding up to the nearest penny, they scimmed these extra small amounts of money into a seperate account, and made a hefty fortune!

The fact that errors like this "normally correct themselves in a few days" is not good enough. I'd be concerned as top why it was happening at all?!

rts wrote:I vaguely remember a story about a bank, when calculating interest, instead of rounding up to the nearest penny, they scimmed these extra small amounts of money into a seperate account, and made a hefty fortune!

The fact that errors like this "normally correct themselves in a few days" is not good enough. I'd be concerned as top why it was happening at all?!

This "story" wouldn't be in found the scripts labelled "Superman II" or "Office Space" would it?

Lloyds TSB are getting the boot in Scotland along with Halifax! so up here there will only be the Bank of scotland.

Maybe you went to one of there charge cash machine and do not click it was?

Sput wrote:This "story" wouldn't be in found the scripts labelled "Superman II" or "Office Space" would it?

Quite possibly...!

barcode wrote:Lloyds TSB are getting the boot in Scotland along with Halifax! so up here there will only be the Bank of scotland.

Maybe you went to one of there charge cash machine and do not click it was?

Oh barcode I've missed you. He get blur cat diary plinth!

nodnirG kraM wrote:I hear such schemes could land you in federal pound-you-in-the-ass prison.

*little impressed noise*

Have you been using a debit card frequently? If so the retailer might be taking an over authorisation then catching up with the transaction when they settle at the end of the day or several days later. The authorisation for the transaction then being cleared. Would explain how things eventually sort out.