Over 100,000 affected by ulster bank systems failure.

One of Irelands Zombie banks has had a "system failure" resulting in 100,000 people with out access to there wages and welfare payments.
www.breakingnews.ie...
Is there any ulster bank customers on here affected? If so what is the bank telling you??
I wonder is this a dry-run for something bigger down the road. Something similar happened in Italy a couple of weeks back.
www.abovetopsecret.com...
Thoughts??

No, this is not a dry run. This isn't a "let's see what happens to 100k people, so when 1,000x that in a generalized European bank failure happens we know what to expect".
It's a valid point, and the sample size would actually be almost appropriate for the entirety of Europe, but it's still too big and wouldn't adequately simulate reality, so I'm calling it a general accidental failure. But yes, when Europe goes down, this will inevitably happen eventually at some point anyway, it's happened before and it'll happen again, just in this scenario, digital money will vanish and bartering will become the rage, instead of people carrying wheel barrows of money around to buy something. something will have to replace work/labor hours when the system fails.

reply to post by Ranong


I'm in England but my wages weren't paid today (I'm paid every Thursday). The money had been transferred from my employer but was lost at the bank due to a 'systems failure'.

I was told it should be rectified by tomorrow. My Dad didn't get his pension either? Were in the same bank but not Ulster bank.

My wife want's to go grocery shopping tonight. She'll have to wait I'll take any excuse not to go shopping

Im just reading now that its sister bank in britain, NATWEST is also affected.
There will be alot of empty barstolls in Ireland and britain tonight!!
I hope it is just a small glitch, I would hate to see people without there well-earned money. Especially the old and the vulnerable. Fingers crossed.

if your banks are down graded to junk tonight, I would pull all my money out at once. Everyone should always have extra cash at home just incase something like this happens

Originally posted by Ranong
Im just reading now that its sister bank in britain, NATWEST is also affected.
There will be alot of empty barstolls in Ireland and britain tonight!!

I hope it is just a small glitch, I would hate to see people without there well-earned money. Especially the old and the vulnerable. Fingers crossed.

Where I'm concerned the problem is solved. My pay has gone into my account now. They said on the phone the problem affected all automatic transfers using the BACS system in the UK.

hopefully it will be an isolated incident.