Banking Glitch Allows Customers To Withdraw Money They Don’t Have

IRELAND – A technical fault for several hours Tuesday allowed Bank of Ireland customers to withdraw funds they did not have.

The Irish Times reports the now-resolved glitch affecting the bank’s app and website meant people were able to transfer up to €1,000 to a digital account and then withdraw that sum from an ATM, even if there were insufficient funds in their accounts

The bank has said sorry for the incident, which saw queues form as people scrambled to exploit the fault.

The bank warning funds will be debited from their accounts.