BOI having ATM network issues. Don't be left stuck this evening. - Mod note post #1

dr.bollocko

SantryRed wrote: »

Surely by now BOI know this is happening?

They've already made a statement about it.

take everything

dr.bollocko wrote: »

Congratulations. You now have an overdraft to pay off.
Anyone with any sense please do not put yourself in a situation where you think you're going to be happier spending or withdrawing money you do not have.

These people really are morons.
And i'll enjoy seeing them being forced to pay it back.
And that's from someone who hates the banks for what they have done.

jd007

NoQuarter wrote: »

Actually no, welfare payments are paid into the hand now im afraid.

So yeah, the people with their wages paid into their accounts will be debited but the people with dormant accounts or accounts that dont use it anymore had a nice little earner tonight!

No they didn't.

hmmm

SantryRed wrote: »

Surely by now BOI know this is happening?

Why would they care? The fees they'll make from illegal overdrafts will be huge.

Sungodbr

its a bonanza! maybe a way of apologizin to the masses

RonMexico

It is not a bonanza, it is a clusterfuck being made a whole lot worse by Joe Soap on the street.

stepbar

hmmm wrote: »

Why would they care? The fees they'll make from illegal overdrafts will be huge.

And the losses will be multiple times the amount of fees charged.

Sungodbr

RonMexico wrote: »

It is not a bonanza, it is a clusterfuck being made a whole lot worse by Joe Soap on the street.

ur right that sounds dangerous especially in this weather, very slippy!

JONJO THE MISER

There's a fight down there at the moment, guess someone jumped the queue.

Kensington

Systems are coming back online now. Lot of people in for a nasty shock once the next day-end kicks off...

Monty Burnz

tbh wrote: »

You've clearly never worked in IT, with respect. A complex multilayer system designed and produced by multiple vendors all trying to underbid each other failing on a large scale is the most precedented thing in the world. What did you think snafu stood for? Situation normal, all fckd up. To paint an it failure as something to be suspicious about is hilarious.

If you've worked on mission critical applications for large organisations, you'd know that there will be multiple redundancies in place. For them all to fail is unusual.

dav3

No amount of name calling is going to stop these people from draining every atm in the country. Threatening them with prison probably doesn't bother most of them anyway.
I can understand people trying to play this down so there is no run on the banks and people with BOI accounts getting very nervous that there won't be a bank for them in the morning. But let's face it, most of these people will get free money, we won't, there's nothing we can do about it.
Just sit back and let it play out.

desertcircus

Why do people have this idea that everyone's going to get off scot-free? This is something that becomes easier and cheaper to prosecute the more people do it. One case takes a certain amount of time; a thousand cases takes far less than a thousand times that. They'll add unauthorised overdraft charges, any money that goes into the accounts will disappear into the overdraft, anyone who took out multiple withdrawals will get letters from solicitors, and the people who still don't clear it will be the ones brought to court to have an attachment order on whatever money they receive.

stepbar

JONJO THE MISER wrote: »

There's a fight down there at the moment, guess someone jumped the queue.

For the love of god take a picture so the nation can witness the sort of clowns we have in this country.

Grievous

Some questions:

1) Whose fault is the glitch?

2) Would BOI have the resources and time to track down everything and get their money back?

3) How can BOI debit somebody's account at zero?

amacachi

And some people try to say that we don't get the government we deserve?

jd007

JONJO THE MISER wrote: »

There's a fight down there at the moment, guess someone jumped the queue.

This just gets better and better!

Mister men

dr.bollocko wrote: »

Then the banks will go get a court judgement against these people and their credit rating will be ruined. Hence more money for lawyers and a bunch of shortsighted people will be angry when they can't get a car loan. Or a mortgage. Or any kind of loan from a financial institution. There is no such thing as free money folks.

Credit rating :pac: Most of these people won't be able to heat their homes come January. Your off the scale lad.

hmmm

stepbar wrote: »

And the losses will be multiple times the amount of fees charged.

What losses? It's no different to you writing a cheque for an amount you don't have, banks deal with this sort of stuff every day. If you don't repay you'll never get another bank account in any bank in the country, good luck with the rest of your life.

Grievous

Testing.
Post not posting.

Cavehill Red

SkidMark wrote: »

Do you seriously think people struggling to feed and heat their families give a monkeys about their credit rating?

A lot of the money withdrawn from Bank of Ireland tonight will never be recovered.

And most judges are no fans of the banks, getting judgements against ordinary citizens would cost more than BoI would recover.

Anyone on the dole with a BoI account with nothing in it just got their free ticket to Oz mostly paid for tonight.

Mister men

stepbar wrote: »

For the love of god take a picture so the nation can witness the sort of clowns we have in this country.

He's not down the dail.

BraziliaNZ

desertcircus wrote: »

Why do people have this idea that everyone's going to get off scot-free? This is something that becomes easier and cheaper to prosecute the more people do it. One case takes a certain amount of time; a thousand cases takes far less than a thousand times that. They'll add unauthorised overdraft charges, any money that goes into the accounts will disappear into the overdraft, anyone who took out multiple withdrawals will get letters from solicitors, and the people who still don't clear it will be the ones brought to court to have an attachment order on whatever money they receive.

How can someone on the dole that never works or will work ever pay it back? How can they put 1000s of people in jail? Why would they ever need a bank again? They get free legal aid too. They will get off scot free.

stepbar

dav3 wrote: »

No amount of name calling is going to stop these people from draining every atm in the country. Threatening them with prison probably doesn't bother most of them anyway.
I can understand people trying to play this down so there is no run on the banks and people with BOI accounts getting very nervous that there won't be a bank for them in the morning. But let's face it, most of these people will get free money, we won't, there's nothing we can do about it.
Just sit back and let it play out.

An ATM does not hold an infinite amount of money :rolleyes:

Grievous

amacachi wrote: »

And some people try to say that we don't get the government we deserve?

That's because we don't use our votes properly. I.E the people who vote FF because it's a tradition in their family.

NoQuarter

jd007 wrote: »

No they didn't.

Listen there are people who got money tonight that have an account that probably never use it, fact is that some, not all. people are going to get away with it due to whatever circumstances they are in.

stepbar

hmmm wrote: »

What losses?

When the money is written off.

Cavehill Red

hmmm wrote: »

What losses? It's no different to you writing a cheque for an amount you don't have, banks deal with this sort of stuff every day. If you don't repay you'll never get another bank account in any bank in the country, good luck with the rest of your life abroad.

Amended for accuracy.
BoI will never see a lot of this money back. Fair play to the bank for funding the emigration of the poor though. It's more than the government are doing.

Captain_Generic

Grievous wrote: »

Testing.
Post not posting.

Free posts for all!

JONJO THE MISER

stepbar wrote: »

For the love of god take a picture so the nation can witness the sort of clowns we have in this country.

Sorry guys don't have a camera:mad:

hynesie08

Cavehill Red wrote: »

Anyone on the dole with a BoI account with nothing in it just got their free ticket to Oz mostly paid for tonight.

At which point they'll be refused entry for fraud. But they might get a few quid for appearing on nothing to declare.

amacachi

Grievous wrote: »

That's because we don't use our votes properly. I.E the people who vote FF because it's a tradition in their family.

Not really my point. Looking at the amount of spastics out thinking they'll get a free buck it makes way more sense that Fianna Fail are in power.

stepbar

Cavehill Red wrote: »

Amended for accuracy.
BoI will never see a lot of this money back. Fair play to the bank for funding the emigration of the poor though. It's more than the government are doing.

Can't see them going far on a few hundred quid.....

ThisRegard

There's the assumption that only wasters and bums are at this, I bet there's a whole lot of people who should know better down there too who got caught up in whatever messages went viral.

hmmm

Cavehill Red wrote: »

Amended for accuracy.
BoI will never see a lot of this money back. Fair play to the bank for funding the emigration of the poor though. It's more than the government are doing.

500 quid is going to finance your emigration? Where are you emigrating to, Blackpool?

JONJO THE MISER

Sorry to disapoint ye lads but there was a broad cross section of society down there taking out money, a good few older men and women, one person was saying its karma for what the banks have done to the country.

Grievous

Some of you guys are going judge anyways, but I think a lot of these people are going to get away with it.

tbh

Cavehill Red wrote: »

Anyone on the dole with a BoI account with nothing in it just got their free ticket to Oz mostly paid for tonight.

Lol. You really are hilarious. Exactly how much money do you reckon each person will be taking out? You do realise the ATMs don't actually manufacture the money, right?

Cavehill Red

stepbar wrote: »

Can't see them going far on a few hundred quid.....

I could get to South-East Asia or the US for €500.
It would cover getting to Britain and getting a place to rent too.

hmmm

ThisRegard wrote: »

There's the assumption that only wasters and bums are at this, I bet there's a whole lot of people who should know better down there too who got caught up in whatever messages went viral.

Should be a great night in the pubs I can only imagine the whinging that's going to start tomorrow, I bet Joe Duffy's lines tomorrow will be hopping with young ones looking for the people's NAMA when their account balance shows up.

amacachi

tbh wrote: »

Lol. You really are hilarious. Exactly how much money do you reckon each person will be taking out? You do realise the ATMs don't actually manufacture the money, right?

Are there not elves inside making the money? I mean looking at that Coke ad they can fit a field and all in a vending machine, why not in an ATM?

stepbar

Grievous wrote: »

Some questions:

1) Whose fault is the glitch?

God knows.

2) Would BOI have the resources and time to track down everything and get their money back?

Yes. Eventually.

3) How can BOI debit somebody's account at zero?

They can overdraw the account.

.

Cavehill Red

hynesie08 wrote: »

At which point they'll be refused entry for fraud. But they might get a few quid for appearing on nothing to declare.

Do you know how long it takes to get a court judgement against a debtor in Ireland? Or a conviction for fraud? We're well into the second year of the Anglo garda investigation and still no files to the DPP.
By the time anyone actually faces a conviction for fraud here, they'll be attending their grandkids' weddings in Perth.

hynesie08

ThisRegard wrote: »

There's the assumption that only wasters and bums are at this, I bet there's a whole lot of people who should know better down there too who got caught up in whatever messages went viral.

Yeah there was a good few well dressed, well spoken people at the atm in phibsboro tonight. tbh if i had a boi account i'd chance it, worst case you hand the money back in the morning. But in the 0.000000000000000000001% chance it was free money why not.

Grievous

I did not use the ATM myself, but I can confirm that their was an incredible RANGE of different people down at the ATM I walked past tonight.

I think it's a trend on Boards.Ie to pin everything on peceived SCUM or people who collect a social welfare check (Not their choice).

stepbar

Cavehill Red wrote: »

I could get to South-East Asia or the US for €500.
It would cover getting to Britain and getting a place to rent too.

What you going to do when you get there? Live on fresh air?

Cavehill Red

tbh wrote: »

Lol. You really are hilarious. Exactly how much money do you reckon each person will be taking out? You do realise the ATMs don't actually manufacture the money, right?

Anyone who takes out the max (allegedly €500) has a little tank to play with. Those at the back of the queue, probably not so much.

Grievous

stepbar wrote: »

.

So you agree the Glitch is not the fault of ANY one individual who withdrew money tonight from an ATM?

amacachi

Grievous wrote: »

I did not use the ATM myself, but I can confirm that their was an incredible RANGE of different people down at the ATM I walked past tonight.

I think it's a trend on Boards.Ie to pin everything on peceived SCUM or people who collect a social welfare check (Not their choice).

Not really, I'm on a welfare payment but I'm not a spastic. Nowhere did I say the people at the ATMs are scum.

Cavehill Red

stepbar wrote: »

What you going to do when you get there? Live on fresh air?

Dude, I'm going nowhere. I don't have a BoI account. Never did. My money is nice and safe in commodities and outside the euro zone. I won't be emigrating.

But if I was on the dole for years, 20 nicker in a BoI account, tonight I'd be cleaning the feckers out of whatever I could get and belling my pal in Melbourne for a place to crash come January.
And I suspect some of those actually in that situation are thinking likewise. There's no doubt BoI will lose funds due to this that they will never see again.
Beyond anything else, this emptying of ATMs probably ought now to be considered as a run on the bank though.