conversation: User (ThrowAwaynork1): "My car loan is about $5,000, my payment is $100. I am pretty careful when keying in payments so I am not sure how this happened. I would understand if it was $10,000 as that would be a decimal issue, but $100,000 I can just explain away.\n\nCan someone tell me what is going to happen? I have $2,000 in the account that my car payment draws from, so I'll be about 98,000 overdrawn...\n\nDoes stuff like this get flagged to not process? I will take the fault of course, but its so obviously a mistake I am surprised it is going through. \n\nThank you for the "After you fix this banking issue, you might want to look into seeing if there is anything faulty with your keyboard" -GOOD ONE! haha &gt;_&lt; kekekek \n\nUpdate: I should have mentioned I called the bank before making the post. I was curious to see if anyone who had gone through something similar could ease my stress or share their experience, or let me know what to expect beginning to end. Guess not.\n\n"
  Self: "Unless you're with Dodgy Brother's Bank of Western Nigeria this will get flagged and canceled\n\nThe fact that you have $2K in your bank makes me think you probably don't have approval to overdraw your account by 100K. Even if it somehow made it through the bank (which it won't ) it would instantly be flagged at tour finance company.\n\nCall your bank and they will sort it for you. Depending on their processes it may be instant or it may take a while. \n\nYou may also get stung with a dishonour fee but if you do I would ask them to waive it "
  thefirebuilds (thefirebuilds): "IIRC our billpayment system refuses to process anything over 10k without special exception.  Customers who had frequent 10k transactions had to call us and put things in place for that, since there is a reporting infrastructure around that.  \n\nThe business I worked for processed upwards of 45% of all online banking billpayments for most financial institutions including 8 of the largest 10 in the US."
  vettewiz (vettewiz): "This isn't universally true though.  I've done many many $30000-75000 bill payments without a flag, call, or delay at all."
  thefirebuilds (thefirebuilds): "Then they were wire and not ACH through a business account.  Or you have a relationship with your bank to allow for that."
  vettewiz (vettewiz): "No, not wire.  ACH (Bill Pay), but yes was a business account."
  thefirebuilds (thefirebuilds): "I remember our business customers had a lot more leeway, it was extremely rare for a single person to need to move larger amounts.  I remember we had some folks in Hawaii that had HOA yearly payments in this amount but that's about it."
  vettewiz (vettewiz): "Is it really *that* uncommon to have a $10k credit card bill pay though?  Not consistently, but I can certainly see people putting car downpayments or home improvement projects on their card and hitting those bills.\n\n"
  thefirebuilds (thefirebuilds): "The _typical_ US family makes $30k a year.  45% of consumers are subprime.  55% of Americans have none savings.\n\nYes, it's almost inexplicably rare."
  vettewiz (vettewiz): "off by a bit, average US household income is 50.5k.\n\nBut either way, I don't expect the average family to charge 10k in a month, but you'd got to have plenty of 100k+ income families at a bank, who in their lifetime likely will have a bill like that.  Medical, car down payment, home improvement, furniture, etc.  "
  thefirebuilds (thefirebuilds): "mistkaes [sic] happen far more often than an on-purpose 10k transaction."
  