This will be made as short as possible....Some money entered my account with a particular bank. I sent them a message on my willingness to return it to the owner, but I recently got a debit alert on my account...Is this possible? Does the bank have any rights under any constitution to take out money without consulting me? This has broken down trust I reposed on them...What's your take? As it stands, I am willing to seek a redress and would that be the right thing to do?

Emmagenius:
This will be made as short as possible....Some money entered my account with a particular bank. I sent them a message on my willingness to return it to the owner, but I recently got a debit alert on my account...Is this possible? Does the bank have any rights under any constitution to take out money without consulting me? This has broken down trust I reposed on them...What's your take? As it stands, I am willing to seek a redress and would that be the right thing to do?

There is a law that makes illegality to convert money posted into your account mistakenly for personal use.

The bank has the power to reverse any lodgements mistakenly made into your account.

They are the ones managing the account and NOT you!

thanks for your input