Bank accidentally deposits $176 million into people’s accounts on Christmas Day| newspaper from nigeria echonewsng.com

Bank accidentally deposits $176 million into people’s accounts on Christmas Day

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LONDON — Thousands of people received a surprise gift on Christmas Day this year when European bank Santander accidentally deposited £130 million ($176 million) across 75,000 transactions.

The mistake happened when payments from 2,000 business accounts in the U.K. were processed twice, meaning some employees saw their wages double, while suppliers also got more than they were expecting.

The bank said the duplicate payments were caused by a “scheduling issue” that has now been rectified.

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