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

Skid

dr.bollocko wrote: »

Then the banks will go get a court judgement against these people and their credit rating will be ruined.

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A lot of the money withdrawn from Bank of Ireland tonight will never be recovered.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

K-9

Unshelved wrote: »

http://twitpic.com/3dtvq6

Queue outside ATM in Walkinstown apparently

I really hope this goes viral.

Will do the international reputation wonders.

ThisRegard

marco_polo wrote: »

Two sounds more likely, and the delay is probably because they are trying to dig up and trying to reanimate the corpses of long dead Mainframe and/or Cobol programmers. :pac:

COBOL will never die, too many financial systems, despite their fancy presentation layers, rely too much on it.

jaffa20

CiaranC wrote: »

I find this all very amusing. How incompetent can one bank be?

You mean how stupid are their customers queueing outside atms!?

Saganist

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!

DOES NOT COMPUTE..

Saganist

ThisRegard wrote: »

COBOL will never die, too many financial systems, despite their fancy presentation layers, rely too much on it.

+1

rubberdiddies

BraziliaNZ wrote: »

There are a lot of people on this thread who just can't get their heads around this... seriously!!!

But there are others who don't seem to realise that the thieves in question will be pursued to the bitter end. If you think the bank is gonna take the hit and say "oh well" you're mistaken. There will inevitably be many prosecutions

dr.bollocko

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A lot of the money withdrawn from Bank of Ireland tonight will never be recovered.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

It won't matter to them.

desertcircus

It's a bank. There's no way they won't get this money back. The money will get debited when the system goes back online. The people who withdrew money they didn't have will probably get phone calls and solicitor's letters. The more people who do it, the cheaper each case gets to chase down. The ones who don't repay it will get a huge black mark against their credit record, and may end up paying far more than what they took out in legal bills and interest charges.

SantryRed

Surely by now BOI know this is happening?

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.