{"id":71074,"date":"2024-06-12T07:43:26","date_gmt":"2024-06-12T07:43:26","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/12\/co-op-bank-anger-as-payments-taken-twice-from-business-accounts\/"},"modified":"2024-06-12T07:43:26","modified_gmt":"2024-06-12T07:43:26","slug":"co-op-bank-anger-as-payments-taken-twice-from-business-accounts","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/06\/12\/co-op-bank-anger-as-payments-taken-twice-from-business-accounts\/","title":{"rendered":"Co-op Bank: Anger as payments taken twice from business accounts"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"160\" height=\"90\" src=\"https:\/\/i2.wp.com\/www.bbc.com\/bbcx\/grey-placeholder.png?resize=160,90&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"Co-op Bank: Anger as payments taken twice from business accounts\" title=\"Co-op Bank: Anger as payments taken twice from business accounts\" \/><\/div><p> <br \/>\n<\/p>\n<div id=\"\">\n<figure>\n<div data-component=\"image-block\" class=\"sc-43e6b7ba-0 dWCXVg\">\n<div data-testid=\"hero-image\" class=\"sc-13b8515c-1 bbjeKz\"><img decoding=\"async\" sizes=\"(min-width: 1280px) 50vw, (min-width: 1008px) 66vw, 96vw\" srcset=\"https:\/\/ichef.bbci.co.uk\/news\/240\/cpsprodpb\/7ecc\/live\/1505cdc0-283e-11ef-bae3-375699f6439a.jpg.webp 240w,https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/7ecc\/live\/1505cdc0-283e-11ef-bae3-375699f6439a.jpg.webp 320w,https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/7ecc\/live\/1505cdc0-283e-11ef-bae3-375699f6439a.jpg.webp 480w,https:\/\/ichef.bbci.co.uk\/news\/640\/cpsprodpb\/7ecc\/live\/1505cdc0-283e-11ef-bae3-375699f6439a.jpg.webp 640w,https:\/\/ichef.bbci.co.uk\/news\/800\/cpsprodpb\/7ecc\/live\/1505cdc0-283e-11ef-bae3-375699f6439a.jpg.webp 800w,https:\/\/ichef.bbci.co.uk\/news\/1024\/cpsprodpb\/7ecc\/live\/1505cdc0-283e-11ef-bae3-375699f6439a.jpg.webp 1024w,https:\/\/ichef.bbci.co.uk\/news\/1536\/cpsprodpb\/7ecc\/live\/1505cdc0-283e-11ef-bae3-375699f6439a.jpg.webp 1536w\" src=\"https:\/\/ichef.bbci.co.uk\/news\/480\/cpsprodpb\/7ecc\/live\/1505cdc0-283e-11ef-bae3-375699f6439a.jpg.webp\" loading=\"eager\" alt=\"Getty A woman outside Co-operative Bank\" class=\"sc-13b8515c-0 hbOWRP\"\/><span class=\"sc-13b8515c-2 iuvLSH\">Getty<\/span><\/div>\n<\/div>\n<\/figure>\n<div data-component=\"text-block\" class=\"sc-43e6b7ba-0 bWSguZ\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Co-operative Bank customers have reacted angrily after a glitch meant payments were taken twice from some small business accounts. <!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Customers took to social media to complain, with some asking whether the bank had been hacked and one claiming he was &#8220;\u00a35k down&#8221;.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Co-op Bank said it was aware of a small number of business account holders affected and was working to correct the issue.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">&#8220;We apologise for any inconvenience caused and are supporting customers during this period.&#8221;<!-- --><\/p>\n<\/div>\n<p><h2 class=\"sc-518485e5-0 kRvAla\">&#8216;I\u2019m now massively overdrawn&#8217;<!-- --><\/h2>\n<\/p>\n<div data-component=\"text-block\" class=\"sc-43e6b7ba-0 bWSguZ\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">According to its website, Co-op bank has about 3.1 million retail customers and 96,000 small business customers.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The lender said that &#8220;duplicate, historical transactions&#8221; had been appearing in some business customers&#8217; balances.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Customers have reacted with alarm over the missing money, with some claiming they had been pushed them into their overdrafts. <!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">One tweeted: &#8220;Utter shambles regarding duplicate historical transactions being taken from customer accounts without any notification from you this has happened. <!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">&#8220;Thousands of \u00a3 out peoples&#8217; accounts without even notifying customers. Tell us how this will be resolved?&#8221;<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Someone else said: &#8220;I checked my balance after not being able to buy some petrol to notice that I\u2019m now massively overdrawn and have double transactions going out from weeks ago.&#8221;<!-- --><\/p>\n<\/div>\n<div data-component=\"social-block\" class=\"sc-43e6b7ba-0 jyIQlN\">\n<div class=\"sc-188a5e30-1 itjdhu\">\n<h4 class=\"sc-188a5e30-2 fJRqqf\">Allow <!-- -->Twitter<!-- --> content?<!-- --><\/h4>\n<div class=\"sc-188a5e30-3 biRaSg\">This article contains content provided by <!-- -->Twitter<!-- -->. We ask for your permission before anything is loaded, as they may be using cookies and other technologies. You may want to read\u00a0<!-- -->\u00a0and\u00a0<!-- -->\u00a0before accepting. To view this content choose\u00a0<!-- --><b>\u2018accept and continue\u2019<\/b>.<!-- --><\/div>\n<p><button type=\"button\" aria-label=\"Accept and continue\" class=\"sc-84b18709-2 sc-84b18709-4 cohrbH buclfD\"><span data-testid=\"button-text\" class=\"sc-84b18709-1 hvowur\">Accept and continue<\/span><\/button><\/p>\n<\/div>\n<\/div>\n<div data-component=\"text-block\" class=\"sc-43e6b7ba-0 bWSguZ\">\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">Some have complained of long waits to get through to the bank.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">On its X account, Co-op Bank <!-- --><a target=\"_blank\" href=\"https:\/\/twitter.com\/CooperativeBank\/status\/1800567719382626702\" class=\"sc-c9299ecf-0 bZUiKB\" rel=\"noopener\">apologised for the distress caused<!-- --><\/a> and urged people in financial difficulty to call its business team.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">The bank has 50 branches across the UK and about 3,400 staff.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">It was part of the wider Co-op Group more than 10 years ago, before splintering off when it fell into deep financial difficulty.<!-- --><\/p>\n<p class=\"sc-eb7bd5f6-0 fYAfXe\">In late May, it agreed to be bought out by Coventry Building Society for \u00a3780m in a deal that will return it to a mutual structure.<!-- --><\/p>\n<\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/www.bbc.com\/news\/articles\/c6pp6zp75pqo\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Getty Co-operative Bank customers have reacted angrily after a glitch meant payments were taken twice from some small business accounts. Customers took to social media to complain, with some asking whether the bank had been hacked and one claiming he was &#8220;\u00a35k down&#8221;. Co-op Bank said it was aware of a small number of business [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":71075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/www.bbc.com\/bbcx\/grey-placeholder.png","fifu_image_alt":"","footnotes":""},"categories":[604],"tags":[1456,6699,673,449,19395,672],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/71074"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=71074"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/71074\/revisions"}],"predecessor-version":[{"id":71076,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/71074\/revisions\/71076"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/71075"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=71074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=71074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=71074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}