My Bank has recalled a standing order that was legitimally paid into my account. They say that they have repaid the payment to the sender and now I have to send them a cheque. Is this correct and can they just take the funds from my account?

Really_Annoyed | 15:23 Fri 30th Mar 2012 | Business & Finance

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My Opening balance sheet isn't balancing.. please help!

Mortgage Query

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Skyline D

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I'm really not sure why so many people don't follow this. The rights and wrongs of it are up for debate. What happened, and what the bank is asking, is completely simple.

Bank paid a standing order from A's account to B's in accordance with instructions but is now saying that in fact it paid it in error because the standing order was cancelled sufficiently...

15:29 Mon 02nd Apr 2012

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Really_Annoyed

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Hi again
Thanks everyone for their help. I finally got word from the bank that there will be no further action. They have dropped the claim for me to repay the money as was suggested they would.

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