Citigroup credited client’s account with $81tn before error spotted

Citigroup says a payment of this size could not actually have been executed. Photograph: Joan Cros/NurPhoto/Rex/Shutterstock

The US bank Citigroup credited a client’s account with $81tn when it meant to send $280 – before the “fat finger” error was caught.

The mistake was spotted only after two employees had missed it, and a third employee rectified it 90 minutes after it was posted, the Financial Times reported. No funds left the bank.