Bank sent $81 trillion to customer 's account

Bank sent $81 trillion to customer 's account
Citibank © gobankingrates.com

Citigroup, an American bank, mistakenly attempted to transferred $81 trillion to a customer’s account instead of $280.

According to the Financial Times, the incident occurred in April last year. It took 90 minutes for the error to be detected.

Two bank employees overlooked the mistake but a third banker eventually spotted it before the trillions actually landed in the account.

A spokesperson for Citi said that a transfer of such magnitude could not have been executed anyway.

In total, Citigroup recorded ten near-miss erroneous transfers of $1 billion or more last year, Financial Times reported, citing an internal bank report.


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