Citigroup Mistakenly Transfers $81 Trillion to Customer Account

A customer of 💼Citigroup was given a big surprise after it had mistakenly transferred $81 trillion dollars into the customer’s account.

According to CBS News, the customer was only supposed to receive a transfer of $280 but instead received the huge transfer into their account before it was abruptly reversed only hours later, which was reported by the Financial Times on Friday.

The outlet further reported two people familiar with the matter had said that the incident had taken place in April of last year and had been missed by a payment’s employee and a second worker before it was cleared to process the next day.

The error was ultimately discovered by a third employee about an hour and a half after the payment had been processed and swiftly revered the transaction a few hours later.

Furthermore, the incident had been reported to the Federal reserve and the Office of the Comptroller of the Currency, and no funds had actually left the bank, the report noted.

“Despite the fact that a payment of this size could not actually have been executed, our detective controls promptly identified the inputting error between two Citi ledger accounts, and we reversed the entry,” a 💼Citigroup