FNB accidentally gives clients free money

On Tuesday it emerged that FNB accidentally gave a number of its clients free money. The extra funds ranged from a few hundred rand to over R3 000.

FNB said that this was due to an error which is being rectified. Recipients of the extra funds will be required to pay it back, as unjustifiable enrichment can be reversed, an attorney told Business Insider South Africa.

The error appears to be due to delayed debit card transactions. FNB says that they have been in contact with clients who received the extra funds.

Retrieving the additional funds will not necessarily be an easy task, as the bank may find it difficult to extract the money from clients who have already spent it.

FNB has not revealed how much extra money was accidentally given away in total, nor how many people in total received money.

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