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Overnight increase in people’s bank balances due to bank error

Overnight increase in people’s bank balances due to bank error LONDON: Bank errors in the UK have pushed people’s bank…

By Jack , in Latest World , at January 1, 2022

Overnight increase in people’s bank balances due to bank error
LONDON: Bank errors in the UK have pushed people’s bank balances overnight.

According to British media, the amount in thousands of accounts increased dramatically on Christmas Eve when a bank mistakenly deposited a total of 13 million pounds in 75,000 accounts.

According to reports, the bank staff had great difficulty in recovering money from the people as most of the money was deposited in rival bank accounts.
The bank said in a statement that it was “regrettable” that due to a technical problem, some payments from our corporate clients were incorrectly doubled in recipients’ accounts. The bank is working with other banks to rectify its mistake.

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