Not so the RBS or the Royal Bank of Scotland was down for a brief time as well. No details were given but electronic transaction were not allowed at this time on Saturday.

Originally posted by tedpi
Canada reporting in, my account works at RBC (both investment and savings). It seems the US is affected only for now. Are you guys sure these updates dont happen regularly on sunday morning? How often do you log on to check this time on a weekend?

CHASE online is down....

Bout to head to the ATM......

If it doesn't spit any money out.....

Well,

I'm not going to be a happy camper, trying to do some financing and tptb won't let me....

WAKE UP PEOPLE.....

Originally posted by JJay55
I would think that the bailouts came with some cuts in service to the consumer, including contracting out ITS. So routine computer maintenance would be consolidated and backend work would be done at one time at the end of the month. But it is frightening to think that all those banks are vulnerable to cyberterrorism if that is the case.

Could also be that security measures were put into place because of cyberterrorism threats. We are getting close to 2010 and it's critical that everyone prepare. This could be a wake up call we needed to get our finances in the right place.

I vaguely recall receiving advanced notices before scheduled maintenance events. I received no such notice this time. My account is set up to give me daily balances and alerts on activity on my account. I received no update yesterday or today. This makes me question the event.

Is it just an operating platform update? Or something else? It is weird to say the least.

Kinecta Federal CU is normal except for recent transactions don't show.
It a SoCal CU. No email announcing any upgrades.

Is it possible that there was intel of a possible pending cyber attack on our financial institutions, and that out of an abundance of caution these banks decided to shut down their online access? I'm the furthest thing from a computer expert, but after seeing how many different banks across the country are "coincidentally" down for maintenance at the same time, it made me wonder.

Perhaps there was going to be a major cyber attack that would have crippled our economy and caused widespread panic. That could have very well been the big event that web bot and others have allegedly predicted. Maybe the government took notice and after hearing chatter about a financial attack decided to take a "better safe than sorry" approach. The problem is that all of these banks have to come back online sooner or later, and if an attack was planned, then they are likely just delaying the inevitable.

Of course this is all just guess work on my part. I'm hoping that there is nothing to this but a simple coincidence.

What if this upgrade is a change they are going to implement next week? I cant imagine what that change would be but to have all of the banking institutions down all at the same time is very strange. Are they all on the same platform or do they run different platforms?

Combine this with Obama's emergency declaration and you have the makings of a great fictional suspense movie. Unfortunately this is reality.

Ok let's think for a minute. Given the state of technology and the fact that banks are an expected service 24/7, why would they even be down in the first place. These systems are redundant and can be backed up live. These are not amateur websites folks, but in many cases world class financial institutions. There is no reason for them to go down at all barring a major Internet outage of sorts.

That does not explain the fact that many have in fact been down for so called maintenance, something is very much wrong here.

brill

Anyone remember that thread in which the National Guardsman said that the banks going down should be a cue to "get out of dodge?"

I'm not advocating that, just wondering.

Didn't his predictions ping for mid to late October?

Well, in any event, I am officially concerned.
Hopefully this clears up real soon. Lots of talk about mandatory vaccines, bank holidays, nuclear bombs, etc...

I've just been on Bank of America and Chase they both up-a friend is on Wells Fargo, also up! Its routine up dates they always do. Also check what times of the morning some users are trying to access. Banks have to shut the computers at some point for upgrades.

Late at night and early mornings is about the best time to do they.

False Rumors right out the gate here on ATS! Go guys!

Maybe if instead of paying the ungodly amounts of money to have commercials where their CEO sits in a helicopter illustrating separation of classes, they actually took care of their financial obligations, this wouldn't happen.

The great collapse is happening all around us. I always used to wonder what happened on the eve of the collapse of ancient civilizations. Was it internal conflict, drought or starvation, natural disasters, or a few hundred Spaniards who just so happened to understand how to handle armed conflicts, and felled an army 10,000 strong.

People will ask the same of our forgotten cities, and our descendants if this gets any worse. I honestly feel our economy is nothing more than a spectre of what it once was, and now we are just spinning our wheels.

Originally posted by brill
Ok let's think for a minute. Given the state of technology and the fact that banks are an expected service 24/7, why would they even be down in the first place. These systems are redundant and can be backed up live. These are not amateur websites folks, but in many cases world class financial institutions. There is no reason for them to go down at all barring a major Internet outage of sorts.

That does not explain the fact that many have in fact been down for so called maintenance, something is very much wrong here.

brill

No doubt... I run an Arca system which does live backups with a hot fail over. I can bring one server down and this other one will come up and be live until I get my main server back on line.

Once the main system comes back up the fail over updates the main server. We are a small company that does about 6 million a year and we are up no matter what. No reason for them to be down at all.

jesus... you people make it sound like the banks went "down" as in the funds were frozen or something,
they were probably adding foreign exchange currencies like it was posted. if online banking went down monday morning, it doesnt mean you cant go to your local branch and withdraw money. its just a minor inconvenience.


no its not a coincidence so many institutions went down when they did, it simply mean they were all doing the same tasks.

ATS has become something i dont want to say. because people get defensive, when they hear insanity doesnt reason.

imagine if the mass population's day to day lives depended on the threads created here on ATS, the world would go into chaos in a matter of minutes. the truth. for fack sake

Saturday - Emergency Declaration by Obama - Dictator
Sunday - Banks go down for "maintenance"
Monday - Dollar devaluation / decommission switch
Tuesday - Run on banks
Wednesday - Riots in streets
Thursday - States start talking succession
Friday - Military is deployed (This is why Obama is not sending more troops to Afghanistan, he needs them here)
Saturday - Military factions side with the people. Shooting war starts.
Sunday - Obama realizes his miscalculation but it's too late.
Monday - It is revealed that Obama is not a citizen and resigns to bring back confidence. It's too late...
Tuesday - The effects of the PTB on the banking system and the despair that is being felt by the American People are too much. The rest of the military joins the people. Washington is surrounded and all politicians are rounded up for trials.
Wednesday - The United States is starting to break up into small republics.
Thursday - TBTB are very happy with the results but then they start being targeted for removal. (I really like this last one)

Anyway, that's my fiction for the day...

Edit to add free beer for Hemisphere and all those at ATS....(As requested)

[edit on 25-10-2009 by northof8]

The amount and quality of fear mongering on this
thread is way beyond reasonable.

Nordea, the largest Swedish bank, also had downtime for maintenance yesterday for a couple of hours.

Seems very much like a global downtime when lots of countries are doing it the same weekend. Its very odd that this is happening at the exact date when so many predictions said some economical event would start to unfold, and in the same weekend when Obama has declared a swine flu emergency.



[edit on 25-10-2009 by Copernicus]

If I had checked my messages for my online account on 10/15, I would have seen this:

We've recently made some revisions to the terms and conditions of your online bill payment and transfer services. You're receiving this notice because these changes involve one or more of the online agreements you previously reviewed and accepted.

Unless otherwise stated below, all changes will be in effect and reflected in our online agreements on October 25, 2009.

Here's a brief summary of the changes:

We have extended the Cutoff Time for scheduling Internal Transfers from 8:00 PM Eastern time to 11:00 PM Eastern time on any Business Day, except for internal transfers to a Chase mortgage, which have a Cutoff Time of 7:30 PM Eastern time on any Business Day.

Also, if you schedule a bill payment or transfer after the Cutoff Time and the Send On date is the next Business Day, we may begin processing that request immediately and withdraw the funds from your account.

We have added language to clarify that it is prohibited to use our bill payment and/or transfer services for International ACH transactions.

The minimum payment allowed through Chase Online Bill Payment will be $.01. This change goes into effect on November 15, 2009.

You can review the latest agreements online on or after October 25, 2009 by logging on and clicking the "Legal Agreements" link at the bottom of any page.

Sincerely,

Chase Online Banking

PS: In addition, we wanted to let you know in advance that we are updating our systems and you may experience a blackout period starting on Friday, November 13th at 7:30 PM ET for the following services which may be unavailable during the blackout:

Access to the Online Bill Payment service including access via your computer or a mobile device such as the Chase MobileSM iPhoneTM application.

Access to Chase Online through Personal Financial Management (PFM) software such as Microsoft® Money, Quicken®, or Quickbooks®

Access to Chase account through the Chase Online Plus aggregation
We anticipate the blackout should end on or about Sunday, November 15th at 10:45 AM ET.