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Bank of the Philippine Islands, the country’s third-largest bank, triggered irate customers after reports of accounts losing up to tens of thousands of pesos in their accounts on Wednesday, June 7.
Just this morning, some employees from an international BPO company situated in Ortigas claimed that they lost a huge amount of money from their payroll accounts.











The Ayala-led banking company claimed that there was an “internal data processing error” and it was “currently correcting the mispostings.” BPI President Cezar Consing then apologized for the malfunction and said that transactions from April 27 to May 2 were credited two times.
“This is not a hack, this is an internal issue. Over the next few hours, we are making sure the double credits, debits are corrected,” Consing told ANC’s Market Edge with Cathy Yang.
Meanwhile, bank’s internal error resulted to someone’s account acquiring about P12 billion worth of money. Yugatech’s, the country’s prime tech news and reviews site, Facebook page posted a photo of the alleged account which received it.
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