A woman in Australia woke up to find $24.5 million in her bank account and her mortgage paid off after a banking error.
Clare Wainwright, a lawyer from Sydney, Australia, opened up her bank’s app to find the unexpected figure in her account earlier this week.
The whole mess actually started in September when her bank sent her a letter telling her they had set up a direct debit to collect mortgage repayments.
But the letter said that it would be taking monthly repayments of $25,102,107 – not the actual figure, which was $2,500 – and that it would be taking the first one on the 25 October, news.com.au reports. Imagine that repayment – ha!
So, the day came and the eye-watering amount was requested by NAB, but instead of flagging up the obvious error – her bank, St George, transferred the amount leaving Clare massively, massively in debt.
This amount was then refunded to her account and, even though she contacted both banks, it’s still in her account.
Speaking to Fairfax Media, Clare said that she did not consider spending the money yet, because her legal training has taught her that no good will come of that.
“I’m a lawyer, which is why I haven’t spent the money,” she said.
“Mostly because I figured it wouldn’t play out that well trying to play dumb on that.
“I saw it and I thought ‘Oh my gosh, it’s 25 mil‘ and I laughed,” she said. “I showed my broker and he said ‘Oh god, I’ll get them to fix it’.”
The bank told Clare that they would be in touch within 3 business days – but they are rather nonchalant, for a company that just gave away millions of dollars!
Clare added: “They obviously don’t understand I could just skip the country.”She shared a snap of her very healthy-looking account on Facebook with the caption: When NAB accidentally pays out your entire mortgage, and gives you an extra $24.5mil to redraw. Do I skip the country??” with laughing emojis.
When asked how she’d spend the money if she could do so, she told them she’d probably buy an island.
She shared a snap of her very healthy-looking account on Facebook with the caption: “When NAB accidentally pays out your entire mortgage, and gives you an extra $24.5mil to redraw. Do I skip the country??” with laughing emojis.