Wow, I knew the UK was fucked up (socially, economically) - but this
takes the cake.
I guess it's only a matter of time before the Royal Army begins
"training" excercises on UK streets.
As RBS' ATM "Glitch" Enters Fifth Day, The Bailed Out Bank Issues A
Over the past week, various entities controlled by bailed out UK-bank
RBS, focusing primarily on NatWest, have seen clients unable to access
virtually any of their funds, perform any financial transactions, or
even get an accurate reading of their assets. The official reason:
"system outage"... yet as the outage drags on inexplicably for the 5th
consecutive day, the anger grows, as does speculation that there may be
more sinister reasons involved for the cash hold up than a mere computer
The difficulties, which have hit NatWest, RBS and Ulster Bank users, are
entering their fifth day. RBS said the backlog had been caused by a
“system outage” on Tuesday, and that it was “working around the clock”
to resolve it.
Some customers said their home purchases or holiday plans had been
plunged into chaos by the glitches, while others vowed to switch banking
provider. Fears have been raised that thousands could be hit with
penalty charges if their regular bill payments, such as for their
mortgage, are affected. Consumer groups called on the banking behemoth
to provide “appropriate compensation” to those customers who suffer as a
consequence of the “failure”.
It appears the difficulties have hit hardest at NatWest, which has more
than 7.5m personal banking customers. RBS Group said it could not tell
how many had been affected as it was not possible to know when they were
expecting payments into their accounts.
Susan Allen, customer services director for RBS NatWest retail, said it
was difficult to say exactly when all the problems would be resolved.
She said they had been due to “an error in our system which we believe
we have now fixed but we are clearing the backlog”.