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Santander Accidentally Pays Out $175 Million to Thousands of UK Accounts on Christmas Day
New York Post ^ | December 30, 2021 | Jemma Carr

Posted on 12/30/2021 2:15:40 PM PST by nickcarraway

Santander accidentally paid out $175 million to thousands of accounts on Christmas Day in a massive blunder.

Approximately 75,000 Brits or their companies received a second wage or supplier payment from Santander account holders on December 25.

SNIP

Santander must now launch cross-company talks to get the funds back – as bosses fear the money has already been spent by some account holders. Banks are keen to avoid pulling the funds out of accounts directly for fear it would put some customers in their overdrafts.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Extended News; News/Current Events; United Kingdom
KEYWORDS:

1 posted on 12/30/2021 2:15:40 PM PST by nickcarraway
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To: nickcarraway
Santander must now launch cross-company talks to get the funds back – as bosses fear the money has already been spent by some account holders.

I think that's a fair assumption to make.


2 posted on 12/30/2021 2:19:12 PM PST by SamAdams76 (I am 55 days away from outliving John Hughes)
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To: SamAdams76

Feliz Navidad indeed! Gracias, Santander!


3 posted on 12/30/2021 2:20:51 PM PST by NohSpinZone (First thing we do, let's kill all the lawyers)
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To: nickcarraway

This is better than a free toaster.


4 posted on 12/30/2021 2:40:52 PM PST by Flick Lives
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To: nickcarraway

When the first five letters of your company spell Santa - things like this are to be expected


5 posted on 12/30/2021 2:46:28 PM PST by John Milner (Marching for oPeace is like breathing for food. )
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To: SamAdams76

Hold muh ... comb?


6 posted on 12/30/2021 3:06:47 PM PST by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: John Milner

[When the first five letters of your company spell Santa - things like this are to be expected]

I do believe you’re on to something there...


7 posted on 12/30/2021 3:07:32 PM PST by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: nickcarraway

They should simply rename the company to Santa N Deer.


8 posted on 12/30/2021 3:21:46 PM PST by gitmo (If your theology doesn't become your biography, what good is it?)
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To: nickcarraway

Oopsies.


9 posted on 12/30/2021 3:50:42 PM PST by Tax-chick (Nature, art, silence, simplicity, peace. And fungi.)
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To: nickcarraway

“Santander {like every NYP reader know what Santander is) accidentally paid out $175 million to thousands of accounts on Christmas Day in a massive blunder.”


10 posted on 12/30/2021 3:54:03 PM PST by TexasGator (UF)
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To: nickcarraway

write if off and say Merry Christmas.


11 posted on 12/30/2021 3:54:10 PM PST by Hildy (In an unforgiving world, only the shameless survive.)
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To: raygunfan; Gamecock; Larry Lucido; FredZarguna; PROCON; KC_Lion; Rebelbase

[write if off]

All these big companies, they just write it off!

(no offense to poster, but can’t let the Seinfeld reference get away)


12 posted on 12/30/2021 5:08:08 PM PST by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: nickcarraway

13 posted on 12/30/2021 6:06:38 PM PST by rfp1234 (Comitia asinorum et rhinocerum delenda sunt.)
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