UK Bank Santander Accidentally Deposits $175 Million to More Than 70,000 Accounts Over Christmas

UK Bank Santander Accidentally Deposits $175 Million to More Than 70,000 Accounts Over Christmas
A logo of Santander is seen on a branch in the Andalusian capital of Seville, southern Spain, on Jan. 27, 2016. Marcelo del Pozo/Reuters
Katabella Roberts
Updated:

UK bank Santander granted tens of thousands of people across the United Kingdom a very merry Christmas this year when they accidentally deposited £130 million ($175 million) into 75,000 accounts on Dec. 25.

The bank, which is headquartered in London, mistakenly sent payments from 2,000 business accounts twice to the more than 70,000 account holders and companies who were in receipt of normal one-off or regular payments.

Katabella Roberts
Katabella Roberts
Author
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
Related Topics