Bank of Ireland Chaos

flazio

https://www.boards.ie/discussion/comment/120987252#Comment_120987252

Work it through here.

Balance €200 whether you or the bank could see it or not last night, transfer €1000 out balance is -€800. Where it is spent after that is irrelevant. DDs and SOs won't get paid until you find a way to get that -€800 back into the account or come to an overdraft arrangement.

Floppybits

https://www.boards.ie/discussion/comment/120987224#Comment_120987224

Exactly, it was never "free money" to anyone with half a brain cell. Did people really think that withdrawing the cash using using your bank card and pin number that the bank wouldn't know who they were? Ridiculous carry on really.

As for the "glitch" anyone working in IT will tell you this can happen and does more regular than most people think. I work in IT and I have seen supposedly test systems that were mistakenly configured to connect to production so when changes were supposedly made to the test accounts they affected live accounts, I have seen on another system when a application was restarted it replicated itself 3 or 4 times so that when a transaction when through the person got 3 or 4 times the amount they were suppose to get. Can happen anytime but more likely to happen when running aging systems on aging hardware where what might be considered a simple change can cause this.

Floppybits

https://www.boards.ie/discussion/comment/120987252#Comment_120987252

Yep, basically BOI had problems on their systems yesterday and someone in an effort to get them back online made a change somewhere that removed the limits from accounts which meant people could withdraw more than normal and not only that they could withdraw more money than in their account. They should really have shutdown ATM Transaction once the fault was identified rather than leave it up and running.

StrawbsM

https://www.boards.ie/discussion/comment/120987224#Comment_120987224

There was an issue with online banking and to ensure that people had access to at least some of their funds, the facility to withdraw up to 1000 euro is automatically enabled. There would be uproar if people couldn’t get hold of any money at all.

That’s how I interpreted a post over in the banking forum anyway.

Jazz Hands

https://tenor.com/bEQBh.gif

When the idiots realise they fcuked up.

ZookeeperDub

https://www.boards.ie/discussion/comment/120987167#Comment_120987167

Why would they? sorry but if you are thick enough to take this money out you deserve everything you get

mikemac2

https://www.boards.ie/discussion/comment/120987064#Comment_120987064

Paul Murphy is never off the radio giving his opinions on everything. He is the man in every pub that sits on a barstool and knows everything about everything . He said trained pilot and executive Willie Walsh knew nothing about aviation.

If Varadkar attended a Fleadh Cheoil then Murphy would be on the radio about it

downtheroad

https://www.boards.ie/discussion/comment/120987064#Comment_120987064

That clown has to keep up the act, its the only way he gets an annual salary of €100k

He'd be lucky to earn anything more than minimum wage in the private sector.

The people voting him into a Dail seat are the real idiots.

kirk.

https://www.boards.ie/discussion/comment/120987218#Comment_120987218

I'm with boi I think the €6 covers everything now including unpaid DDs

Back when the balance used to bounce all over the place at weekends they'd charge a fee for going over which could be annoying

walshb

https://www.boards.ie/discussion/comment/120987458#Comment_120987458

I knew PBP would be defending. It’s their ilk that encourage and espouse all that is wrong with humanity. An awfully dangerous crowd

FazyLucker

People complaining about the Gardai turning up need to realise there would be uproar if they hadn't and people were being mugged and losing €1k through their own stupidity. It would have anarchy if they hadn't turned up.

The easiest way to prevent any crowd problem was to stop the money flowing out. I think it was to protect idiots from themselves, rather than protect the banks.

Obviously, this is hard explained to said idiot....

lmao10

https://www.boards.ie/discussion/comment/120987288#Comment_120987288

What can you do if some people on disability or long term unemployed took out thousands and has no intention of paying it back? Realistically the only way of getting that money back is putting some kind of garnishing on their social welfare payment which is going to be a lot of hassle. This will have cost BOI a fair bit.

TokTik

https://www.boards.ie/discussion/comment/120987543#Comment_120987543

Same as they’d do if I went over my limit massively, it’ll stay in minus figures until such a time as I’ve replaced it.

StrawbsM

https://www.boards.ie/discussion/comment/120987543#Comment_120987543

Just googled it. Jobseeker’s Allowance is paid on a Tuesday so they already had that money yesterday but it can only be collected in the post office. Was only through covid times that it was paid into an account.

Disabilty is paid on a Wednesday so if it was paid into the bank and you pulled a fast one yesterday, it’s already eaten up. If they hadn’t spent all the money last night or this morning, they’d be wise to either lodge it again or think of it as an advance of the next few weeks payments and budget accordingly.

Edit: anyone else who pulled a fast one wouldn’t have time to change payment method for this week anyway

screamer

Can see a lot of people who took that money out without having it there in the first place just leaving bank of Ireland and sticking them with the loss. However, banks go to extraordinary lengths to get their money so I don’t think things will work out well for the account holders. Really though, it demonstrates everything that is wrong with the Irish mentality, it’s actually shameful.

walshb

https://www.boards.ie/discussion/comment/120987543#Comment_120987543

Persecute and on conviction lock them up. Stealing, as far as I remember is still a crime.

SuperBowserWorld

https://www.boards.ie/discussion/comment/120987596#Comment_120987596

Yup, it's shameful and embarrassing. But I don't think it's an Irish thing. This would happen in most countries I would say.

I think it's a Social Media smartphone pack mentality thing. There are far worse things than this that happen world wide because of this.

gmisk

https://www.boards.ie/discussion/comment/120987464#Comment_120987464

I think it's pretty well publicised he doesn't take his full TDs wage.

He take a "workers wage" the rest goes to support local and national campaigns and groups. Not sure what that is now but in 2016 it was approximately 22k.

Would I vote for him no but I have heard from friends who live in his constituency he is a decent and hard working TD. You can dislike him personally but he isn't what anyone could define as on the gravy train.

Archduke Franz Ferdinand

I think a lot of people posting here have missed the point. Yes, it’s obvious to everyone, including lm sure those who withdrew the money that it would have to be repaid and that it wasn’t their money. But what people fail to understand here is that some, (l actually suspect many) are struggling big time. They are people who use money lenders to get through. So they won’t be worried about any possible repayment arrangements from this situation, for now..it’s free cash …for today . On a more worrying note, the BOI are trying their damndest to impose a cashless society on us, this hardly inspires confidence

howiya

BOI still haven't processed payments of wages or peoples bills, standing orders etc and yet all the talk is about the small minority of their customers that stole from them last night. Well played BOI.

tabby aspreme

People can end up with a criminal conviction if they knowingly withdrew, or transferred money, which did not belong to them. I know one person who got 6 months in prison for withdrawing money during a previous ATM glitch, he withdrew approximately € 8000

lmao10

https://www.boards.ie/discussion/comment/120987612#Comment_120987612

How much is the prosecution going to cost BOI though? From their perspective they will go after people but I know from experience that a lot of these companies the banks employ to try to get money owed to them, doesn't really generate a great deal. Chasing customers down and threatening them with prosecution is going to be a lengthy process.

Severe damage done to the reputation of the bank and the guards don't come out looking too well either. I don't have an account with BOI but there isn't a snowballs chance in hell that I would open one after that.

hotmail.com

Gardai now say they were responding to 40 calls from the public and that's why they deployed resources to this.

Was anyone arrested for using or queuing at an ATM. What law were the Gardai trying to enforce?

howiya

https://www.boards.ie/discussion/comment/120987679#Comment_120987679

Why would a prosecution cost BOI? I've never heard of a victim of a crime having to pay. All they have to do is give the info to the Gardai.

griffin100

https://www.boards.ie/discussion/comment/120987646#Comment_120987646

I had the misfortune to deal with him when he was a student in UCD. He is a cnut of the highest order. He’s a great man for rabble rousing and then disappearing when the trouble starts.

drogon.

https://www.boards.ie/discussion/comment/120987596#Comment_120987596

problem is, we are a small nation with handful of banks. If they close their BOI account, do you think AIB or PTSB will happily open an account for them ? Especially if they talk amongst themselves. Their only option would be to stick with Revolut, who are notorious for blocking accounts for suspicious activity.

lmao10

https://www.boards.ie/discussion/comment/120987695#Comment_120987695

The first stage for a lot of the customers will be debt collection I'm guessing. That's costly to the bank and they will get some of the money but not all of it. Some people will just ignore the threatening letters and those types have already made plans and stopped banking with BOI anyway. Some people will go all the way to prosecution and end up in court with some agreement to pay back bits and pieces over time from their social welfare payments. Every time any of this goes in the news the banks reputation will be taking a hit.

FazyLucker

https://www.boards.ie/discussion/comment/120987646#Comment_120987646

And I heard that TD's claiming that they do this are talking through their a##e, despite what they say. Paul Murphy is a pure champagne socialist from a rich background.

Oscar_Madison

https://www.boards.ie/discussion/comment/120987449#Comment_120987449

It’s so refreshing to see some straight talking people on this thread this evening speaking clearly on what any reasonable person would conclude- I had an earful of entitled knowitalls last night who couldn’t believe this money wasn’t ripe for the taking with no consequences 😀

FazyLucker

I'd say what will happen from here will be accurately summed up in what could only be described as the story of modern Ireland.

1. Working people : next paycheck, debt paid back. Problem solved. Business as usual
2. Non-working people : their munny, spent already on something they didn't need rather than food and vegetables for the children. Blame the gubbernment and the evil bank coming wanting their munny back. Bank will just write this off. Usual story - zero personal responsibility, pay for nothing, always the victim.

Oh well, best to work for what you own I guess.