Wrong Amount transferred

#1
I had made a NEFT / RTGS Transfer request to Axis Bank for 42,530 Amount
towards one of my employees.. on 12th Nov 12 at Vile Parle Axis Bank Account

But, By mistake transferred 1000 extra, and debited 43,530,,
Now they are not able to reverse the same..

I have been following up with them but they are not able to reverse the same, as the employee took the salary and absconded..

Is they are any RBI guidelines against which I can sue them, for extra credit,,,
 

expert

Administrator
Staff member
#2
It is just like you've give a 1000 note extra while giving cash. How do you recover it? You can recover by going through courts now.

Send the person legal notice. Meet your lawyer. It'd take couple years for court case and you'll be only rewarded with 8% p/a penal interest I guess.

Bank has nothing do with it so please don't call them.
 

expert

Administrator
Staff member
#4
You did not say anything about typo. Did you type in 42,530 but bank transferred 43,530?

Such mistake is unthinkable and will be disaster for Axis Bank's image if found true.

Do you have any proof of this?
 

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