09/09/2009

120,000 Customers Double-Charged By BOI

It has emerged 120,000 Bank of Ireland customers have been double charged when using their Laser card over the weekend.

According to reports this morning, some Laser card holders who used their cards since last Friday were double charged for the same purchase, possibly repeatedly over a number of days.

The bank released a statement this morning saying the duplications had occurred in transactions on Friday that were duplicated overnight on Monday, resulting in some accounts being charged twice for the same transaction.

"The error has now been rectified on customer accounts and most customers will have experienced no adverse impact," the bank said, and it apologised to customers.

However, Bank of Ireland officials are yet to clarify whether the problem also affected transactions made after Friday.

The payments of direct debits and cheques were not affected, but standing order payments may have been delayed by one day.

Confirmation on the amount of money involved is yet to surface, but it is believed customers could have been indebted by millions of euro.

A Bank of Ireland spokeswoman said all refunds had been made including all overdraft fees and penalties charged to customers as a result of the incorrect charges to their card.

Customers who are concerned should contact Bank of Ireland's Banking 365 on 1890 365 365 or contact their local branch.

(DW/GK)


Related Irish News Stories
Click here for the latest headlines.

05 October 2017
Customers Affected By Tracker Mortgage Scandal Rises To 3,500
The number of Ulster Bank customers affected by the tracker mortgage scandal has risen from 2,000 to 3,500. At a meeting of the Oireachtas Finance Committee this morning, 05 October, Ulster Bank executives confirmed that the number of people affected by the scandal had risen.
08 August 2008
Card Scam Alert
Fraud is 'on the cards' this week with several hundred bank customers believed to have been hit by an online scam. It is believed the credit card details were accessed several months ago, but have only begun to use them in the past two days.
22 April 2008
Identity Theft Hits Bank Of Ireland Customers
The Bank of Ireland has belatedly admitted the identities of 10,000 customers have been stolen. The bank confirmed on Monday night that laptop computers holding personal details of 10,000 people were stolen last year. It has only now come forward with the information.
26 April 2018
Minister Donohoe Welcomes Tracker Mortgage Progress
The Minister for Finance and Public Expenditure & Reform, Paschal Donohoe, has welcomed the Central Bank's latest progress report on the Tracker Mortgage Examination. The progress report is the eighth public update since the Central Bank initiated its industry-wide Tracker Examination in October 2015.
23 February 2018
Oireachtas Must Urgently Regulate 'Vulture Funds' - FF
The Oireachtas has been called to urgently regulate 'vulture funds'. Fianna Fáil Spokesperson on Finance Michael McGrath, made the call following a statement from Ulster Bank CEO Gerry Mallon that the bank may sell off up to 7,000 mortgages. Deputy McGrath said: "The case for full regulation of these vulture funds is compelling.