hsbc system failure leaves thousands facing bank holiday without pay /

Published at 2015-08-28 16:06:23

Home / Categories / Pay / hsbc system failure leaves thousands facing bank holiday without pay
Problem with BACS payment system means salaries have not arrived for many customers as bank faces barrage of complaintsThousands of people have been left without their salaries because of an IT glitch at HSBC that means employers who exhaust its commerce banking accounts cannot build payments.
Some 275000 individual payments failed to go through on Friday leaving potentially hundreds of thousands of people without their pay on the Friday before the bank holiday weekend. Related: A history of UK banks' system failures Continue reading...

Source: theguardian.com