Wednesday, October 01, 2008
Halifax cash machine problems?
Apparently Halifax cash machines have a problem this morning. Basicallyu they're not giving anyone money. The official line is that it is a systems problems. Eerily coincidental though on a day when HBOS is back in the news and the Lloyds deal is starting to look dicey though.
Subscribe to:
Post Comments (Atom)
5 comments:
I said "What about if the newly formed super bank realizes it’s in trouble, then what?" here on the 23 sept!
Now! What made me say that back then?
Could it have been little old me, just a grunt, had heard that this was going to happen?
I cant remember the details but I remember thinking OH! It's only just formed & they are already thinking it's going to get in trouble!
So there we have it!
Seems like it was a surprise to some that the new super bank could fail but not to this little grunt who as usuall said it first on the blogs!
Sorry if this seems a bit like blowing my own trumpet but hey! If those idiots in government aren't going to warn people because as far as there concerned all's well, then I'm going to shout at anyone who'll listen what I think is around the corner.
I believe I have done quite well so far!
Considering I'm just a grunt!
I would be getting excited about this if Halifax customers found themselves unable to take their money out of other banks' machines or if queues were forming outside their branches.
Are either of these two things happening? If not, what is stopping HBOS customers walking to the HSBC or Barclays machine round the corner?
HBOS shares up almost 40% so far today so someone is relaxed about the machines.
In the current climate and with Evening Standard hoardings saying "Latest: HBOS sale in danger" you would think that a prudent bank would include in its Liquidity Disaster Contingency Plan special measures to ensure ATMs were fully stocked with cash at all times - and working! But then Brian Pitman had it bang to rights on Today programme this morning when he said what banks need are a sound Chairman and an MD who is not mad. PS Did you notice the following: TSB bought Hill Samuel and the latter's management went mad with all the money and blew the bank up - rescuer? Lloyds. Now Halifax bought HBOS (well it was a sort of reverse takeover) and the latter's management went mad with all the money and blew the bank up - rescuer? Lloyds.
blue eyes says: "I would be getting excited about this if Halifax customers found themselves unable to take their money out of other banks' machines"
I experienced this problem and was indeed unable to get money from any of the three cash machines I tried (one Co-Op, one HSBC and one Halifax). It wouldn't even let me check my balance let alone withdraw money.
Post a Comment