This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-21694704
The article has changed 12 times. There is an RSS feed of changes available.
Version 8 | Version 9 |
---|---|
RBS to compensate customers after accounts disrupted | |
(35 minutes later) | |
The Royal Bank of Scotland (RBS) group has said it will compensate customers who experienced disruption to their banking services overnight. | |
Customers at RBS, NatWest and Ulster Bank faced problems with online and phone banking, cash withdrawals and debit card payments at on Wednesday evening. | |
There were reports of some customers having their cards "swallowed" at cash points. | There were reports of some customers having their cards "swallowed" at cash points. |
RBS said services have been restored. | |
However, some customers said they still could not access their accounts. | |
Account holders wanting compensation are being asked to contact the bank. "We will look at it on a case-by-case basis," said a spokesperson at the bank's Edinburgh headquarters. | Account holders wanting compensation are being asked to contact the bank. "We will look at it on a case-by-case basis," said a spokesperson at the bank's Edinburgh headquarters. |
One customer, Darren Reuben, has already been compensated by NatWest. | |
He had to get someone else to pay for his dinner at a restaurant on Wednesday evening. | |
He was first of all offered £30 in compensation, and when he declined, he was then offered £70, to cover the embarrassment caused. | |
"It was paid into my account straight away," he told the BBC. | |
"While it was embarrassing, they did me a good turn," he said. | |
The latest disruption follows an earlier failure last summer, when services were disrupted over several weeks. | The latest disruption follows an earlier failure last summer, when services were disrupted over several weeks. |
'Disappointed' | 'Disappointed' |
The bank, which has 25 million customers in the UK, has apologised to those affected. | The bank, which has 25 million customers in the UK, has apologised to those affected. |
"We are disappointed that our customers have faced disruption to banking services for a period yesterday evening, and apologise for that." | "We are disappointed that our customers have faced disruption to banking services for a period yesterday evening, and apologise for that." |
The bank is insisting that all services are now back to normal, apart from some "isolated incidents." | The bank is insisting that all services are now back to normal, apart from some "isolated incidents." |
However some customers, including Steve Kitchen from Manchester, said their problems had still not been fixed by 10am on Thursday. | |
"I'm awaiting a further update call. It's a shambles!" | |
Earlier Stuart Keel said on Twitter: "No cards accepted, apps or online banking working across the country. I found out the hard way, declined in Asda!" | |
Previous problems | Previous problems |
It is not the first time that RBS has experienced difficulties with its systems. | It is not the first time that RBS has experienced difficulties with its systems. |
In June 2012, 16 million customers of RBS, NatWest and Ulster bank had difficulties with cash withdrawals, phone and online banking and debit cards, which the bank blamed on a software update. | In June 2012, 16 million customers of RBS, NatWest and Ulster bank had difficulties with cash withdrawals, phone and online banking and debit cards, which the bank blamed on a software update. |
It said there had been an error in its Edinburgh office, involving the maintenance of its systems. | It said there had been an error in its Edinburgh office, involving the maintenance of its systems. |
At the time of last year's incident, Stephen Hester, the chief executive of RBS, said: "We have to learn lessons from what went wrong here and try to make (such failures) less likely in future." | At the time of last year's incident, Stephen Hester, the chief executive of RBS, said: "We have to learn lessons from what went wrong here and try to make (such failures) less likely in future." |
The disruption was one reason why Mr Hester declined to accept part of his annual bonus. | The disruption was one reason why Mr Hester declined to accept part of his annual bonus. |
In total, £125m was paid out to customers in compensation last year, and branch opening hours were extended to help customers who experienced difficulties. | In total, £125m was paid out to customers in compensation last year, and branch opening hours were extended to help customers who experienced difficulties. |
What went wrong? | What went wrong? |
RBS has not yet given a reason as to why its computer systems failed this time round. | RBS has not yet given a reason as to why its computer systems failed this time round. |
But some analysts are critical about the age of some of the bank's software. | But some analysts are critical about the age of some of the bank's software. |
"We just have a lot of legacy systems out there," said Frances Coppola, a former RBS employee and an independent banking analyst. | "We just have a lot of legacy systems out there," said Frances Coppola, a former RBS employee and an independent banking analyst. |
"Some of those systems haven't been replaced for a long time," she said. | "Some of those systems haven't been replaced for a long time," she said. |
But some accuse RBS of taking its eye off the ball. | But some accuse RBS of taking its eye off the ball. |
"The bank has given too much priority to grand schemes and acquisitions, rather than running a day-to-day bank," said Alastair Winter, chief economist at Daniel Stewart Securities. | "The bank has given too much priority to grand schemes and acquisitions, rather than running a day-to-day bank," said Alastair Winter, chief economist at Daniel Stewart Securities. |
Any customers still experiencing difficulties are being asked to call 0845 7242424 if an RBS customer or 0845 7888 444 if a NatWest customer. | Any customers still experiencing difficulties are being asked to call 0845 7242424 if an RBS customer or 0845 7888 444 if a NatWest customer. |
Are you a NatWest customer? Have you experienced any problems accessing your account? Send us your comments using the form below. | Are you a NatWest customer? Have you experienced any problems accessing your account? Send us your comments using the form below. |