Re:Citibank's $900M Blunder
by binbag on Thursday August 20, 2020 @06:31PM
(#24229792)
But they didn’t take the money out of Revlon’s account. They just paid it from their own funds.
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That's irrelevant here. "Money" is just bits in some DB. The point is, BoA sent money to the CC company, like they always do. How is the CC company to know where the money originated from?
The same way you'd know your employer overpayed if your monthly deposit somehow skyrocketed by 10 times. No you didn't get a 10x raise, there was a mistake somewhere down the line.
Also, they know simply because BoA told them immediately. I can't believe people advocating what is clearly stealing.