• Offshore investments

    A Fin24 user wants to know how to ensure offshore exposure.

  • Follow us

    Like us on Facebook to see the latest business news and to give us your views.

Data provided by McGregor BFA
All data is delayed
Loading...
See More
Where am I? Home

Absa online banking crashes, down all morning

May 25 2012 17:09 I-Net Bridge

Related Articles

Union claims Absa retrenchments withdrawn

Directors blow investors' money

Absa sued for R1.1bn

Absa Cap arranges MultiChoice financing

Absa Capital downgrades Anglo, others

Absa staff forced to quit, union claims

 
Johannesburg - Clients hoping to cash in their end of month paychecks at Absa on Friday received a nasty surprise after the online banking system fell over.

Failures by SA banks to manage the huge migration of customers to online banking seems to be becoming a regular problem. FNB suffered a storm of protest in March when its online system suddenly went down, followed by its cellphone banking service the next day.

An Absa spokesperson said on Friday their system engineers were busy working on resolving the problem, but by 14:00 the system was not online yet after being down all morning.

"We are experiencing technical difficulties. We are awaiting feedback. We are aware it is month end and that a lot of people want to transact," she said.

An electricity spike was said to have hit FNB's main production and backup system during their March down time.

City Power, however, vehemently denied its system caused the outage.
fnb  |  absa
NEXT ON FIN24X

 
 

Read Fin24’s Comments Policy

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Company Snapshot

For detailed Unit Trust information, click here.

We're Talking About...

The Debt Issue

The Debt Issue brings you the latest debt news, tips on how to deal with and avoid debt, a panel of debt experts and real life debt stories from across South Africa.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...