posted on May, 22 2009 @ 08:43 PM
The bank makes far more interest on the money in your savings account than you do. They make it by investing it. If you deposited 10 million into a
bank intending to deposit 10,000 , you might get a .02% return on that investment in the day that it's in the bank. They'll probably several times
that return - and that's all money that could have been yours if you'd not made the typo.
Now, if you wrote to that bank asking for the remainder of the interest earned, they would tell you that you were out of luck. You'd have no
recourse. That interest would be lost. A day's worth of interest is actually quite a bit on 10 million. :-)
If you are responsible for your mistakes, the bank should be responsible for theirs.