Yes, tax evasion is also very much a crime.
BOI app down ?
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Brendan Burgess
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I would hope that Revolut would rescind EChicks card and the cards of any other customers who withdrew such large amounts on 15th August.
I wouldn't want them as customers.
Brendan
Gordon Gekko
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Whataboutery and strawman arguments…utter nonsense. Tax evasion is also a crime. An employee taking extra long breaks? Off with his head!
RichInSpirit
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Payment has gone through completely this morning.
That's not really a runner though, Revolut have no way to know which transactions were legit and which were part of the "scheme".
Brendan Burgess
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The Irish Council for Civil Liberties were on Morning Ireland criticising the Gardai for interfering with the public's right to access cash machines.
Do these organisations not realise the damage they are doing to their reputation with such nonsense?
If there is a genuine civil liberties issues, I would pay no attention to what the ICCL says on the issue.
Brendan
Do these organisations not realise the damage they are doing to their reputation with such nonsense?
If there is a genuine civil liberties issues, I would pay no attention to what the ICCL says on the issue.
Brendan
Hard to know really.
If they are not going to take action against people on this and they enter into an agreement plan with them, and they stick to said agreement plan and they satisfy the criteria for all other means at loan application can they really say no?
I personally don't do loans with banks other than my mortgage.
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Well for starters my name is E30chick.
And secondly, I didn't physically withdraw any cash I moved money from one account into another and then moved it back again straight away.
I can provide documentation to prove all of the money movements if you don't believe me.
Yes, of course they can say no. Character is a very hard-to-measure, but very important element of loan underwriting. If someone has demonstrated a proclivity to steal from you why would you take a chance on lending them more money? I can't really see a loan officer attaching too much weight to the performance of a loan that was obtained by false pretenses tbh.
Gordon Gekko
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I thought there was a punchline coming. There wasn’t. This actually happened. Incredible.
I don't work in loan underwriting so I can't really comment, it's not something I've ever had exposure too. I work more on the Trading side of things.
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Brendan Burgess
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To be fair to the Morning Ireland presenter he did show up the ICCL guy. Asked serious questions which made the ICCL guy sound ridiculous.
Brendan
Rumours going around and I stress rumours that BOI brought down their online banking as soon as they became aware of the issue. They were exposed on all fronts. Online transactions, ATM withdrawals, online transfers and POS Transactions. Only one they could actually control and the biggest risk was the online banking so they brought it down. They were praying that it didn't get out what was going on. Hence the technical issue with online banking story which by all accounts was not the issue.
Another interesting rumour doing the rounds in the banks is that BOI and the central bank are interested in looking at how this spread on social media and if they can track an original source. Impossible I am sure but guessing they fear that it might have started from people within the bank itself.
Another interesting rumour doing the rounds in the banks is that BOI and the central bank are interested in looking at how this spread on social media and if they can track an original source. Impossible I am sure but guessing they fear that it might have started from people within the bank itself.
I'd bet my next month's salary it came from within the bank.
Brendan Burgess
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This makes no sense.
What "issue" did they become aware of?
The issue was that the online system was down!
The suggestion here is much more credible.
1) The online system went down which prevented people accessing ATMs.
2) BoI overrode the system to allow people access ATMs
Understanding what went wrong during the BoI online/ATM glitch
Moderator's note: This thread is for trying to understand exactly what went wrong. Keep the more discursive issues in the other thread. Just checked with Bank of Ireland. BoI customers who also have Revolut cards could have stolen up to €1,800 1) With their Bank of Ireland card, they...
www.askaboutmoney.com
Brendan Burgess
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After editing their report yesterday, the Irish Times repeats this claim again.
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www.irishtimes.com
What happened with Bank of Ireland this week?
On Tuesday, the bank’s online services were not functioning as normal, with many cut off from its app and website. Tasks such as transferring money and checking balances were impossible for some customers. As the day progressed, the problem became more serious, with unexplained sums of money appearing in people’s accounts.
Q&A: What happens to people who withdrew money during Bank of Ireland’s tech meltdown?
Bank nursing more reputational damage as customers able to withdraw cash that they did not have on deposit
Eh? The online system went down so they overrode the system? How does that work?
So you are saying because banking 365 went offline, it brought down the ATMS (odd in itself) but BOI somehow overrode the system failure to allow access to ATMs???
That's not how banking works.
So you are saying because banking 365 went offline, it brought down the ATMS (odd in itself) but BOI somehow overrode the system failure to allow access to ATMs???
That's not how banking works.
Brendan Burgess
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Yesterday the Irish Times reported that unexplained sums of money were appearing in people's accounts,.
They subsequently removed the claim and changed the headline.
Today they repeat the claim
www.irishtimes.com
On Tuesday, the bank’s online services were not functioning as normal, with many cut off from its app and website. Tasks such as transferring money and checking balances were impossible for some customers. As the day progressed, the problem became more serious, with unexplained sums of money appearing in people’s accounts.
Wasn't the point that people could not access their accounts? So how did they know that unexplained sums of money were appearing?
BOI app down ?
Good to see the Gardaí on the streets so quick to protect the ATM's ! https://www.msn.com/en-ie/money/other/gardai-directed-to-stand-outside-atms-during-bank-of-ireland-cash-withdrawal-blunder/ar-AA1fl7J5
www.askaboutmoney.com
They subsequently removed the claim and changed the headline.
Today they repeat the claim
Q&A: What happens to people who withdrew money during Bank of Ireland’s tech meltdown?
Bank nursing more reputational damage as customers able to withdraw cash that they did not have on deposit
On Tuesday, the bank’s online services were not functioning as normal, with many cut off from its app and website. Tasks such as transferring money and checking balances were impossible for some customers. As the day progressed, the problem became more serious, with unexplained sums of money appearing in people’s accounts.
Wasn't the point that people could not access their accounts? So how did they know that unexplained sums of money were appearing?
Brendan Burgess
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Hi Sunny
Were BoI customers able to see the app and online banking on Tuesday to check their balances?
My understanding is that they were not able to do so.
Brendan
Were BoI customers able to see the app and online banking on Tuesday to check their balances?
My understanding is that they were not able to do so.
Brendan