Online Banking Transfer

[Myriad2112]

A so called friend of mine claims that he has paid off a debt directly into my bank account but it is not showing. Is there a way that I can prove that nothing has been paid into my account or is it his word against mine?

[yogasun]

Surely you could print off a statement and that would show it wasn't there

[mccfluff]

show him your bank statment, block out anything you don;t want him to see. ask him for the proof

[Kathyan]

It depends when he made the transaction and if he's with the same bank as you. If I transfer to my daughter (same bank) it show immediately. If it's to someone with a different bank it may not show for 4 days.

[RATTER15]

How long ago, it does take a few day sometimes I believe, maybe it just hasn't gone through yet.

[Sipowicz]

Does your "friend" know your bank details? Account number, sort code etc?

[2sp_]

I would put the onus on him to provide proof that he has paid the money into your account, I don't think I would want to show him my own bank statement.

As Kathyan and Ratter say, it could take a few days for it to show on your account, so it may turn up yet.

[Myriad2112]

Thank you everyone. I suspect he is trying to get out of paying by pretending it's some kind of banking error. I will wait a week then ask again.
Yes sipowicz he has my details to make the payment. Should I be concerned about giving them to someone I dont fully trust? I'm begining to feel rather stupid about it now.

[society]

Ba very careful in giving out personal details to anyone.

You could call your bank, or if it's nearby go in and ask if any recent money transfer was made to your account.

[chrissa1]

There's no danger giving out your account number and sort code. We used to have this printed on our invoices, when we were in business.

[chrissa1]

It also depends whether he used BACS or CHAPS.

CHAPS is normally same day.
BACS takes 3 - 4 days.

[2sp_]

Just having someones sort code and account number will not enable you to withdraw money - it used to be written on all our cheques back in the dark ages.

[factor-fiction]

Yes, sort codes and account numbers are easily found but can be used for frauds. One fraud that I've heard of a few times is for someone to fill in a handwritten standing order form, bearing a forged signature, authorising your bank to pay a standing order from your account to an account purporting to be a landlord or such like, which some banks still act on

[pretty_snowdrop]

Payments can take up to 4 working days, however the marjority of payments can be sent and received the same day. As factor-fiction mentioned there is a slight risk a standing order or direct debit could be set up if someone had your bank details. To stop this contact your bank and ask them to contact you before any sodd payments can be added to your account.

[Hopkirk]

I agree with 2sp, tell him to supply proof that he has transferred the money.

[Canary42]

The "don't give bank details" advice was derided some time ago by Jeremy Clarkson on TV where as "proof" he gave his out. A bright spark then milked his account for a significant amount to a charity.

[Canary42]

Link for the Clarkson episode

http://news.bbc.co.uk/1/hi/7174760.stm

[ahadali]

I haven't had a problem furnishing somebody my bank account number and sort code so that they can make a BACs payment. For further help please visit
http://www.globalfinanceschool.com/interactive-courses/fundamentals-accounting