Suspicious payment into my business account

[groucho]

I looked this morning and I see there is a payment to my account of £680.57 from HSBC invoice FI.

What could be going on here, I don't recognise it form an issued invoice.

[Simpo Two]

Someone got a number wrong perhaps?

[petroleum601]

Fat fingers on a Friday syndrome. Someone at the bank had a few too many on their liquid lunch and made a typo.

[Hoofy]

I think it's a perfect opportunity to empty your account and escape to Rio.

[Chocmonster]

Looks like one of your customers is using an invoice factoring service.

http://www.business.hsbc.co.uk/1/2/business-bankin...

Does the amount actually relate to any invoices that you have outstanding?

[jamoor]

Chocmonster said:

Looks like one of your customers is using an invoice factoring service.

http://www.business.hsbc.co.uk/1/2/business-bankin...

Does the amount actually relate to any invoices that you have outstanding?

I thought it was for invoices that you have raised?

[maffski]

jamoor said:

Chocmonster said:

Looks like one of your customers is using an invoice factoring service.

http://www.business.hsbc.co.uk/1/2/business-bankin...

Does the amount actually relate to any invoices that you have outstanding?

I thought it was for invoices that you have raised?

You can go the other way as well, reverse factoring

[groucho]

Chocmonster said:

Looks like one of your customers is using an invoice factoring service.

http://www.business.hsbc.co.uk/1/2/business-bankin...

Does the amount actually relate to any invoices that you have outstanding?

No.

[Muffsy]

Hoofy said:

I think it's a perfect opportunity to empty your account and escape to Rio.

For £680...
Would that even get you to Rio???

[groucho]

Worked out why it is there. It was a merchant's invoice that I paid. They had some beef with the bank and account was closed and my payment to them bounced back. I have to pay into their new account.

[groucho]

Muffsy said:

For £680...
Would that even get you to Rio???

Been to Rio. What about a life on the run in La Cote d'Azur?