Archive: November 23rd, 2001

Man who got £250,000 in error says money is his

This is great.

An Irish man who lives in Spain wanted to transfer £1,500 from his bank in Ireland to his bank in Spain. The bank converted the amount to pesetas. They then transferred this amount… but in euros. That comes to about a quarter of a million pounds.

So, what would you do?

"I had to make the moral decision about what I was going to do with the money and I didn’t do anything straight off.

"But I looked at the original transfer form and it had a disclaimer on it saying that Bank of Ireland took no responsibility for any mistakes made during the transfer. And the Bank made a big mistake."

He has a point.