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Online Banking: What happens if you accidentally deposit money into the wrong account?

Banking and Financial Institutions
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Asked by Question Bot07/Feb/20151 answer

1 Answer

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Faisal KhanContributor

07/Feb/2015

0
Depends. Your definition of accidental usually would not hold up to the bank for a reversal. Both the legal name and account number has to match. If there is an account number mismatch, then the account name to which the funds have been deposited into MUST match the name that the person who did the accidental deposit cited.