My old employer accidentally deposited money into my account and requested that I return it. What legal power do they have to recover the funds from my account? I am a trustworthy person, but I feel that they owe me funds for additional hours that I worked.
Untitled
Since your email comes to us from the United Kingdom and not from the U.S., your employer's ability to recover the funds without your assent would be very limited once the funds had been in your account for a few days (there are provisions here for reversing erroneous credits shortly after they are posted). However, this may not be the case with the laws or rules affecting such matters in the UK.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.
Accounts
Article
Q&A
Podcast
Video
Blog
Discussions
PDF
Powerpoint
Since your email comes to us from the United Kingdom and not from the U.S., your employer's ability to recover the funds without your assent would be very limited once the funds had been in your account for a few days (there are provisions here for reversing erroneous credits shortly after they are posted). However, this may not be the case with the laws or rules affecting such matters in the UK.
