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08/18/2023

BANK ACCIDENTALLY LETS PEOPLE WITHDRAW MONEY FROM ATMS EVEN IF THEY DON’T HAVE ANY

The BYTE - Futurism

For a wild few hours on Tuesday evening, a bizarre Bank of Ireland glitch allowed customers to withdraw up to 1,000 euros, or roughly $1,090 in US dollars, from their bank accounts, The New York Times reports — even if their accounts didn't have that much cash to begin with — without their account balances changing.

So, in other words: free money!

Well, for a little while, at least. In their official statement, the bank described the glitch as a "technical issue," adding that the error was corrected overnight, per the NYT.

The bank also warned customers that any withdrawals made during the time of the glitch would later be posted to their accounts.

But according to the report, those warnings didn't stop eager crowds of customers from lining up at ATMs around the island, with crowds growing so large that local police were dispatched to monitor the "unusual volume of activity."

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