"Bank error in my favor" - need advice.

[fbodyguy02]

A friend of mine went to the bank to complete two transactions:

1) Withdraw $300 from her checking account, and that was successful.

2) After that transaction was complete, she took $500 out of her
wallet (all in 20's), to exchange for (5) "one Hundred" dollars bills.

The bank teller gave her in exchange, $1000 dollars (all in "One Hundred" dollar bills)....$500 too much.

Keep in mind these are two separate transactions.
I know it is a moral issue, but would it be be OK legally for her to keep the money?

Thanks in advance for any advice.

 

[Lestat]

All the transactions are logged and recorded on video. THere is a good chance they will contact her if she is a member.

 

[Gambino]

turn your gf in, collect the reward, become the town hero, run for mayor.
simple as that

 

[eat big]

I definitely wouldn't spend it right away. Keep it for a while and don't spend it if you're not going to return it just to be safe. Quite honestly, I don't know what to do. Returning it is the right thing, but not necessarily what one would want to do.

 

[hanselthecaretaker]

I doubt it would be legal. Anyway, if the bank realized later what they had done and your friend didn't notify them first (I'd imagine soon after leaving the bank one would notice an extra 5 hundred dollars was given almost at a glance), it would look bad on your friend's part, like, start looking for another bank type bad.

 

[seizer]

I would think that they shouldnt expect you to feel obligated to return anything miscalculated because it's their mistake. Yes, you can have the integrity to return it blah blah, but that seems stupid that they would give you the money and then nail it for you not returning it. Say per chance that someone didnt know they had received surplus because for whatever reason and spent it shortly thereafter still not knowing they had extra (maybe they had alot of money withdrawn or to begin with so they didnt notice amongst the flash of cash). Would it be fair to penalize that person?

 

[fbodyguy02]

I definitely wouldn't spend it right away. Keep it for a while and don't spend it if you're not going to return it just to be safe. Quite honestly, I don't know what to do. Returning it is the right thing, but not necessarily what one would want to do.

EXACTLY! This situation is totally different from other "bank errors in my favor" type situations. The ones you usually hear about bank account errors, but this was a cash for cash exchange.

I told her the same... wait it out. But how long should she wait?

Thanks for your insight.

 

[StickFigure]

If you care at all, the teller will most likley lose her job over that much money if you don't return it. she'll def get written up either way but it's not worth costing someone their job IMO.

 

[deco]

Tell them you didnt notice, it fit nicely in your stash

 

[eat big]

If you care at all, the teller will most likley lose her job over that much money if you don't return it. she'll def get written up either way but it's not worth costing someone their job IMO.

But how do you miscalculate for $500? The error is still hers regardless. Even if the money is returned, it still looks bad for the teller because she is possible to make the same error in the future.