BPI

In a statement, BPI admitted: "Some ATM, CAM deposits, POS and e-commerce debit transactions from Dec. 30 to 31, 2022 were posted twice. We are already working ...

'"I've experienced the 0431 Debit Memo glitch at least 5x since being a BPI account holder for the past 10 years," he wrote. "It's a system glitch and it's usually reversed within the day. In November 2022, BPI announced plans to merge with Gokongwei-led Robinsons Bank Corp. "My grandmother sent me P8,000 on Tuesday and now it's gone," he wrote. Thanks!" "Hi!

The hashtag 0431 Debit Memo is the top trending Tweet on the platform on early Wednesday as clients of the Bank of Philippine Islands said they cannot ...

"The Bank already identified the root cause of the operational error and committed to reverse the erroneous transactions and restore mobile and internet banking services the soonest possible," the central bank said. Meanwhile, the Bangko Sentral ng Pilipinas said it has instructed the BPI to submit a timeline and updates on the reversal of erroneous transactions. BPI said access to the app and online banking channels may be intermittent due to the high volume of inquiries.

The Bank of the Philippine Islands (BPI) on Wednesday said some transactions of its clients during the New Year holidays were double posted, but the lender ...

It was also the third-largest big bank in the Philippines as of September 2022, with total assets worth P2.519 trillion. BPI ended the third quarter of 2022 with a P29.8-billion worth of revenues and “The Bank already identified the root cause of the operational error and committed to reverse the erroneous transactions and restore mobile and internet banking services the soonest possible (time),” it said. The Bank of the Philippine Islands (BPI) on Wednesday said some transactions of its clients during the New Year holidays were double posted, but the lender maintained “only some” were affected. “[P]lease be informed that we expect correction of the duplicate transactions within the day,” BPI said in a supplementary advisory. “Given the high volume of inquiries on our online banking channels, you may experience intermittent access to our web and mobile app platforms,” it added.

Bank of the Philippine Islands' Internet and mobile banking services went offline Wednesday following double postings of some debit transactions, ...

MANILA, Philippines– A number of customers of Ayala-led Bank of the Philippine Islands (BPI) got a shock during the early morning of Wednesday, January 4, ...

BPI, the Philippines’ third largest bank in terms of assets, attributed the incidents to a glitch, noting that some debit and e-commerce transactions made from December 30 and 31, 2022, were posted twice. “I lost money and some of my colleagues lost money too. In a tweet at 10:30 am on Wednesday, January 4, the bank said it is working to reverse the double transactions “within the day.”

What BPI advisory means: customers bank accounts might have additional credit (more money if deposits were made) or less credit (if withdrawals, ...

If a client deposited P1,000, BPI’s system erroneously added P2,000. If a client took out P1,000 from their account, BPI’s system erroneously deducted P2,000. What BPI advisory means: customers bank accounts might have additional credit (more money if deposits were made) or less credit (if withdrawals, outbound transfer or payments were made) than they should have because transactions were posted twice on Dec.

Albay 2nd district Rep. Joey Salceda expects immediate action from the Bank of the Philippine Islands (BPI) regarding the bank's mobile account glitch, ...

One of them, Erwin Esteban, a businessman from Caloocan City, said he was surprised to see his balance at a negative P27,000. It was negative P27,000. Ayun, negative P27,000.

Angry users flooded the bank's social media pages after they found unauthorized deductions in their mobile accounts.

In a social media statement, BPI said the error was due to the double posting of transactions that took place between Dec. In case you woke up to unauthorized transactions in your BPI account, the Bank of the Philippine Islands has set the record straight: you did not lose your money. 30 to 31, and assured its clients that the reversal of these transactions would be made within the day.

THE Bangko Sentral ng Pilipinas (BSP) is coordinating with the Bank of the Philippine Islands (BPI) over the issue of double debit transactions.

"The BSP is closely coordinating with BPI in relation to the double debit transaction incident affecting BPI account holders," the central bank said in a statement on their social media platforms on Wednesday. THE Bangko Sentral ng Pilipinas (BSP) is coordinating with the Bank of the Philippine Islands (BPI) over the issue of double debit transactions. The BPI's online app was down for users on Wednesday, in addition to the transaction errors.

We are pleased to inform you of the successful resolution of the duplicate transactions on affected BPI accounts,” the Ayala-led lender said in an advisory ...

It was also the [third largest ](https://www.gmanetwork.com/news/money/companies/848674/bpi-nets-p10-1-billion-in-third-quarter/story/)big bank in the Philippines as of September 2022, with total assets worth P2.519 trillion. For its part, the Bangko Sentral ng Pilipinas (BSP) said it is working with BPI, which it instructed to submit a timeline and updates on the reversal of the erroneous transactions.

Bank of the Philippine Islands (BPI) clients were bracing for the postholiday “bill shock” when they were jolted by another surprise on Wednesday morning ...

Adding to the anxiety of bank customers was the sudden inaccessibility of BPI’s online platforms and mobile apps. 3 transactions when I didn’t even go out of the house nor made any online purchases, and two debit memos. I noticed that four of those reflected the same amount as what I withdrew last Dec. We are already working to reverse the duplicate transactions. “The bank already identified the root cause of the operational error and committed to reverse the erroneous transactions and restore mobile and internet banking services the soonest possible,” the BSP said. Rest assured that your account is safe and secure,” said BPI, which is owned by conglomerate Ayala Corp.