Large queues at Bank of Ireland ATMs this evening.
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0ph0rce0
recipients had to use their authorised accounts in order to access this money, i.e. it was authorised, the fcuk up was on boi's side, this type of fcuk ups have occurred around the world, and many humans done the exact same thing, i.e. took the money, this is normal human behavior...
...this isnt theft, its a serious bank fcuk up, and again, dont worry, they ll get it back, and more.....
You really need this explained to you ?
The CCR records debts of more than €500, including overdrafts.
This shall be entertaining with the people who find out their overdrawn who thought they hit the jackpot.
People against the banks…I know who my money is on…pun intended
These days it's wise to have at least two accounts and preferably one Visa and one Master card. So then you're safe from bank or Visa/Master system crash. Eg., BOI (I think they do Visa?) & EBS (Master) or Revolut do Master for some newer cards, I think. Or get a credit card... It would definitely help. I also had to learn from a similar situation myself.
You forgot to say “unauthorised “ access.
It’s stupid because it’s theft.
There'll be a lot of cash lodgements today the ones that didn't think this through and realize they've got DDs etc
The "I just had to get a few bob out" argument doesn't really wash if you don't have the money in your account to take out in the first place.
People seem to be struggling with lack of very nice TVs judging by what a lot spent the money on last night.
And yep, if they default on an overdraft (A loan) their credit rating will be impacted.
...so people getting access to money they may not necessarily have, are stupid, how does that work?
You could also say it truly shows how many stupid people there are in this country !
You could also say no law abiding or decent people were queuing up last night !
I suspect some of the wasters who last night withdrew €1000 and are now overdrawn by €1000 never use their BOI account at all - this is where the problems arise for BOI in that they may never get that money back.
Those that withdrew €1000 and have regular lodgements going into their BOI account wasted their time last night standing at an ATM in that all they got was an advance of their own money. If they flitter this cash away today they will have no money until they lodge €1000 to that account. They are complete idiots and dont deserve any special treatment. I also suspect some of the clever wasters will today be trying to change their social welfare payments/wages to be lodged to other banks.
Would an overdraft not count as credit?
...fair point, but this is simple human behavior, society is being extremely squeezed at the moment, and its clearly obvious certain entities in our society are getting away with it, and its clearly obvious banks are playing a major role in this, even they themselves are gaining greatly from all of this, so when a major fcuk up happens, humans be humans....
...i woudlnt overly worry about this, we ve given banks the amazing ability of money creation, so much so, they now create the majority of our money supply, and with relative ease to, dont worry, boi will eventually get most of this money back, and more....
...nothing to see here, some are currently having a lot of fun due to this fcuk up, but they ll be paying for it in the long run, nothing to be worrying about at all, boi is safe....
But it happens on scale every single year in this country. Surely you know of a couple of people that didn't pay their student overdrafts off? There's countless overdrafts and small loans each and every year that are written off. Even something as simple as signing up to Vodafone and getting an iphone, then stopping paying the monthly fee 3 months into the contract is a similar situation
It all goes on the customers credit rating and it comes back to bite them down the road. Its a terrible situation for the majority of people. However there's a portion of people in this country who won't give a toss, or who's credit rating is already in the dirt
Lastly, on opening new bank accounts. Ive worked in banks and seen customers come in with credit ratings of 8, which is basically widescale bankruptcy and as bad as it gets (scale goes from 1A to 8). Unless things have changed recently, these customers weren't denied opening new basic credit accounts for day to day use. It certainly never stopped any of them using Revolut, Skrill, N26 or the hundreds of alternatives out there
That cash is the Irish people's money. People who have built up savings & investments. People who work and contribute to society as a whole. Unlike many of the clowns that queued up and seem to want to push the country into the abyss.
Now because of this, for the people who were at home in bed last night, fees may increase to recoup all because of the **** scumbags who felt they had a divine right to this money.
A big problem in this country is that cohort of people. Useless wasters.
Whatever your opinion on Banks, you do not have the right to spend money that is not yours.
Its as simple as that.
...you do realise our whole banking sector has become one big joint theft based sector, yea?
...deliberately doing its utmost to inflate asset prices such as property, deliberately not passing on gains such as rate rises to depositors, deliberately not reducing rates on debtors, all so that it can maximize its financial gains, i.e. profits, share prices etc etc
...oh and of course, when its endeavors go kaboom, they come a running to the same folks theyve been fcuking over, the general public, looking for bail outs!
Thread is painful to read with all the people who seem to think that banks give a **** about social welfare payments.
Really lads, you think that bank managers are sitting there looking at every account and making judgements about whether they should let Johnny have his welfare?
Its all just transactions, ones and zeros on a page. The government send a payment to your designated account, but as far as the bank is concerned that money is coming from a sender and they don't give a toss who the sender is. Its just money to them, same as money from anywhere else. And they certainly aren't going to treat it any differently when it comes to paying out.
The doleheads will get their money because the government will send it. And when it lands in a bank account it will stop being dole money and just be regular old "money", subject to the same rules and regulations as all the other money in the country.
Bank Of Ireland may have a limit of 500 euro, but they transferred money to their revolut account and used their revolut card.
The data will tell a story. In fact it's that easy to get it's already probably on a summarised deck for execs at HQ ready to be transferred to the Guards.
A couple of lads with no consistent income stream who logged into their online banking a couple of days back where the balance was 0 or last attempted withdrawal insufficient funds travelling from town to town yesterday evening withdrawing €1000 sums of money, sums which they had never withdrawn before at ATMs they had never used before shows clear intent.
That money will be getting spent today by many of the tracksuit clad scrotes who queued up to avail of it. They should think twice before they spend it.....
Scummy comment
I didnt say any of it was ok, if you read my post after this you will see that I said that will be used as their excuse and not that they were "stealing" money they knew they didnt have.
Stupid attitude. Regardless of what money they make, and I am no fan of them. It does not give the public the right to steal from them.
Two wrongs don't make a right and none of the people who got money yesterday will get away with it
Nothing wrong with cash at all, I like to use it as much as possible. Grand as long as you go visit whoever you want to buy stuff off. But it's not how the modern world works and how the people who exploited this, expect it to work for them.
Sure you can open Revolut account but how do you get funds into it? Send them a bundle of cash in the post?
You should never travel with just one bank’s cards! It’s possible with any bank that you can get a systems glitch like that. It’s not unique to any one institution.
It’s also useful to have a card on Visa and another on MasterCard and always travel with a credit card on stand by, if possible.
Its very possible to end up in a tricky situation if a card is declined and you’ve no alternative.
Course it is. They're literally spending their own money.
You'll have a whole load of young people going on the tear with their "free money" only to have no wages for the next 2-3 weeks.
Same person would be screaming blue murder if the bank took €10 out of their own account.
You need a PPS number to open a Revolut account, plus ID.
Thinking you can run away from debt is as foolish as thinking you were getting free money from an ATM.
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