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Aussie Bank is Lousy, How $325k was sent to wrong bank A/C after single digit mistake - Printable Version

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Aussie Bank is Lousy, How $325k was sent to wrong bank A/C after single digit mistake - lvlrsSTI - 15-08-2023

https://www.9news.com.au/national/queensland-mans-shock-as-325000-sent-to-wrong-bank-account-after-lawyers-mistake/2f144e83-b4b4-424a-8986-5b2666e5b91b


RE: Aussie Bank is Lousy, How $325k was sent to wrong bank A/C after single digit mistake - lvlrsSTI - 15-08-2023

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RE: Aussie Bank is Lousy, How $325k was sent to wrong bank A/C after single digit mistake - lvlrsSTI - 15-08-2023

Bank account has check fights in it, if the length of the account is incorrect, the check digits will fail, how could Aussie Bank add an additional zero in front and approve the transaction? Looks like their banking system is sloppy and there are no check fights in account numbers


RE: Aussie Bank is Lousy, How $325k was sent to wrong bank A/C after single digit mistake - lvlrsSTI - 15-08-2023

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RE: Aussie Bank is Lousy, How $325k was sent to wrong bank A/C after single digit mistake - starbugs - 15-08-2023

Banks should consider adding in account numbers a checksum alphabet character, such as in our NRIC and car plate numbers. This would catch many of such errors.


RE: Aussie Bank is Lousy, How $325k was sent to wrong bank A/C after single digit mistake - lvlrsSTI - 15-08-2023

(15-08-2023, 02:21 PM)starbugs Wrote:  Banks should consider adding in account numbers a checksum alphabet character, such as in our NRIC and car plate numbers. This would catch many of such errors.

Unfortunately the bank did nothing