Bank of Ireland will pay €3 mln to 43,000 ATM glitch victims

July 23, 2010 - 9:27am | Banks and internet banks | News |

| More

Bank of Ireland will pay €3 mln to 43,000 ATM glitch victims

Bank of Ireland is to refund a total of €3 million to 43,000 ATM users after glitch.

The ATM glitch was caused by a problem with anti-fraud systems saw money incorrectly debited from their accounts.

The bank says it apologized for the error and has informed the country's Financial Regulator.

Bank of Ireland is making the payments after its internal monitoring processes flagged that ATM users who forgot to take their cash from the machine were still having the money taken from their accounts.

When absent-minded customers fail to take cash or their cards at ATMs, the machine waits a short while before pulling the money back in with the debited amount automatically credited again.

As Bank of Ireland reported, for four years, until October 2009, the installation of anti-fraud measures "resulted in the normal system response of automatically prompting a refund to issue not to occur for these particular transactions".

At present, the bank is in the process of refunding €1.3 million to 14,000 of its own customers this week and is working with other banks to help get a further €1.7 million to 29,000 non-customers.

Subscribe to Ecommerce Journal RSS feed

Tags keywords: ATM | Bank of Ireland | glitch | refunding

Share this story

What are these?

Comments on Bank of Ireland will pay €3 mln to 43,000 ATM glitch victims

Womens Nike Air Max 2009

Submitted by Anonymous on July 26, 2010 - 11:04pm.

Everyone else must be liking the Nike Air Max 24/7 just as much as we do because Nike is continually announcing more and more version of the shoe. We have said for a while now that Air Max 24-7 shoe is one of the best hybrids that we have seen in a long time and we still stand by that statement. Newest Nike Air Max 24-7 shoes With all of the nice colorways that have been releasing lately, we might be brave enough to say that Nike Air Max 24-7 shoes is one of the best shoes, hybrid or not, that we have seen in a long time.The colorway of latest Nike Air Max 24-7 shoes is very interesting to us as it features metallic silver leather all over the upper. The midfoot and the tongue will be sporting gray mesh and then varsity red is used as an accenting color throughout the rest of the upper of the shoe. These are available now.You can buy this Nike Air Max24-7 shoe on Airmaxnikeshoes.com with big discount and free drop shipping.on there you also can saw many other color or series shoes that you may like.We have to say that Nike Air Max 24-7 not only for (boys training)men's,but also for womens.Vailable now at airmaxnikeshoes.com is this women’s colorway in the Nike Air Max 24/7. At first glance, the vibrant solar red accents stand out at you. They definitely help put the shoe over the top, but the rest of the shoe sports a black and white design constructed from leather and mesh, as well as several shades of grey. Finishing off the design is a translucent solar red outsole. Nike is definitely showing the lady fanatics out there love with this one.womens nike air max 24-7 now sale at $72,welcome to buy our nike air max 24-7 shoes.

Login or register to post comments
0 points

ralph lauren polo outlet

Submitted by nikeshoesmall on October 15, 2011 - 5:17am.

Ralph Lauren Polo is strictly between the third aspect of life and entertainment, which you will step interrupted and lively and you play, or disturbing the grave of the seriousness of the situation; Polo jackets for men is the new definition of the lives of young people, creating wealth and have fun, what we want is wonderful! Today, we could do deny not: product of the culture of leisure can also be a classic. Includes polos-youth of spirit it will make the early goal, fashion. Our cheap polo ralph lauren hoodie will make love to wear. Shirts must be the best choice for you. We will wait for your requests!