Three-Year-Old's Savings Account Emptied By Mistake Skip to content

Three-Year-Old’s Savings Account Emptied By Mistake

A savings account belonging to a child was emptied during an accidental bank transfer on Thursday, but thanks to the honesty of the 18-year-old recipient, the money was returned to its young owner.

RÚV reports that three-year-old Salka’s account was emptied of ISK 100,000 [$830; €735] this week when another customer asked to close their savings account and gave the wrong account number for the transaction. Salka’s savings were then transferred to a different bank account.

Salka’s mother, Solveig Rut, received a call from the young man who received the funds on Tuesday evening. “He called us just to let us know that he’d received ISK 100,000 from her, or thereabouts, and thought it was a bit strange and then I go and check our online banking portal and see that her account isn’t there,” Solveig Rut recalled. When contacted, the bank said they had no record of the transaction or the original account. The transaction was eventually located using the recipient’s national ID number. It was, then, entirely due to the boy’s honesty that the little girl’s savings were eventually returned to her.

The bank said they regretted the incident but chalked it up to human error. For her part, Solveig Rut says the episode has taught her the importance of keeping a closer eye on the family accounts. “This pushes you to be more alert and keep a better eye.”

Sign up for our weekly newsletter

Get news from Iceland, photos, and in-depth stories delivered to your inbox every week!

* indicates required

Subscribe to Iceland Review

In-depth stories and high-quality photography showcasing life in Iceland!

Share article