Legal Question in Banking Law in New Jersey

duplicated payment

First of all excuse my english.

I sell some goods and the buyer should (wire) transfer to my checking account the amount of $60.000.

He did the transfer on last tuesday. On Thursday I found in my bank account another tranfer (another $60.000), so I received $120.000 instead of $60.000.-

Do I have any wrights or reward about that extra money?


Asked on 2/11/02, 3:39 am

1 Answer from Attorneys
Daniel Press Chung & Press, P.C.

Re: duplicated payment

No. You have an obligation to inform your bank and the buyer - either the bank made a mistake or the buyer did, and in either event they are entitled to the money back.

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Answered on 2/11/02, 9:54 am


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