Sign in. It’s quick, free and it’s up to you.
An account is an optional way to support the work we do. Find out more.
Updated, 12:59
ULSTER BANK has advised customers that ongoing technical problems to its payments processing system will mean that some payments into its customers accounts will be delayed by 24 hours.
Technical issues from the bank’s payment processing platforms have today entered their third day, leaving many customers unable to access their account details.
In particular, customers have reported delays in inbound payments to their accounts – an issue which has affected deposits like salary and social welfare payments, from around 5:30pm on Tuesday evening.
The problems have resulted in many of the bank’s branches in the Republic having to work ‘offline’, issuing handwritten receipts for deposits into accounts.
The bank said this lunchtime: “We appreciate that this is having significant impact on many of our customers and customers of other banks and we apologise unreservedly for this”.
“We are working to resolve the problem as a matter of urgency,” it added, estimating that over 100,000 customers were affected.
We are working hard to minimise the impact and will ensure that those who are affected do not suffer any financial loss.
It further added that customers could still access their funds in the usual way through the branch network, with ATM and anytime services fully operational, though those services were also reflecting the 24-hour delay in processing payments.
The bank had earlier confirmed it was contacting any organisations whose payments may be affected, and would seek to minimise the impact of the disruption.
Natwest, a sister bank within the RBS group which owns Ulster Bank, had similar difficulties in the UK yesterday, though its own issues are now thought to have been resolved.
To embed this post, copy the code below on your site
Bloody hell. It would be a shame to see Board Gais Theatre closed down :(
It’s the companies that own the bricks and mortar. The theatre is operated and managed by Live Nation.
As Brian said – the companies are only concerned with the ownership of the premises and not their operation.
Both companies are continuing to trade as normal.
Four Hundred and Fifty Million !!!
Hard to believe that 7-8 years ago these were numbers we were kind of used to hearing been branded around for this an that, now it just sounds like gizillions, you’d buy half of Dublin for that kinda money these days
You wouldn’t really
it really does sound like a lot of money
IRELAND RIP!!… Would the last one out please turn off the lights!!!
Well by the holy. I’ve never heard that one before.
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
i remember watching an interview with Harry Crosbie bosting about the venues were fully funded and would not be affected by the downturn etc,etc.
guess it was all spin.
Thought the Point would have paid for itself many times over by now.
Again, just for the benefit of readers: The O2 (the former Point Theatre) is not affected by, or involved in any way with, these proceedings.
Nothing is ever what it appears when receivers are involved.
Are peoples tickets for upcoming shows ok ?
Yes – perfectly. All the operations are continuing their operations uninterrupted.
The low hanging fruit has been plucked and now the root’s are being attacked .
We have a bit to go yet by the looks of things
have your say