Wednesday, June 7, 2017

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Someone Became A Billionaire Because Of The BPI Glitch!

Bank of the Philippine Islands, the country’s third-largest bank, triggered irate customers after reports of accounts losing up to tens of thousands of pesos in their accounts on Wednesday, June 7.
Just this morning, some employees from an international BPO company situated in Ortigas claimed that they lost a huge amount of money from their payroll accounts.







The Ayala-led banking company claimed that there was an “internal data processing error” and it was “currently correcting the mispostings.” BPI President Cezar Consing then apologized for the malfunction and said that transactions from April 27 to May 2 were credited two times.
“This is not a hack, this is an internal issue. Over the next few hours, we are making sure the double credits, debits are corrected,” Consing told ANC’s Market Edge with Cathy Yang.
Meanwhile, bank’s internal error resulted to someone’s account acquiring about P12 billion worth of money. Yugatech’s, the country’s prime tech news and reviews site, Facebook page posted a photo of the alleged account which received it.


As of this writing, the post has around 1,400 reactions and an almost 700 shares on the social networking site. The caption reads: “One depositor is just too happy with the BPI glitch. #bpibillionaire”
The company already released a statement this morning on its Facebook page in regard to the glitch.

The post reads:

“BPI ADVISORY (updated):
“Further to our announcement this morning, we have identified an internal system error that caused some transactions occurring between April 27 and May 2 to be double-posted as of June 6.
“We have identified the root cause of this error, and are temporarily suspending access to electronic channels to speed up rectification. All BPI branches will open on time this morning, and will continue to service your needs.
“We anticipate full resolution of this error within today. We wish to reassure our clients that this matter will be resolved expediently, and that none of them will lose money from this incident.”
What are your thoughts on this? Were you affected by the internal glitch of BPI? Share us your experience in the comments field below, and don’t forget to share this with your friends online!

Source: ABS-CBN News
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