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HSBC still trying to repair online banking system | |
(about 3 hours later) | |
Britain's biggest bank, HSBC, is still trying to repair its online banking system, which has failed for the second day running. | |
The personal banking website is not allowing customers to log on, while business accounts are running slowly. | |
On Tuesday afternoon, HSBC said it was getting closer to solving the problem, which affected online accounts for up to nine hours on Monday. | |
A spokesperson said it was "a complex technical issue within our systems". | |
The bank is running tests across its servers to try and identify the exact problem, and said that its IT team had been working "non-stop" since yesterday to find a solution. | |
HSBC said it was not a distributed denial of service (DDOS) attack and was not caused by anything external. | HSBC said it was not a distributed denial of service (DDOS) attack and was not caused by anything external. |
"This is not a cyber-attack or any other malicious act," said John Hackett, HSBC's UK chief operating officer. | |
The bank said its mobile app for personal customers was still functioning. | |
In total, HSBC has 17 million account-holders in the UK. | |
Business customers were experiencing "significantly reduced capacity", with all services running much more slowly than normal, the bank said. | |
Customers of HSBC's subsidiary, First Direct, are not affected. | Customers of HSBC's subsidiary, First Direct, are not affected. |
Frustration | Frustration |
HSBC said that no customers would lose out as a result of the issue. | |
"Any fees customers incur as a result of this outage period will be waived," said Mr Hackett. | |
Nevertheless, angry customers took to Twitter to complain. One described the situation as "shocking disgraceful customer service". | |
Others said they had been charged a £5 daily overdraft fee, but were unable to put money into their accounts. | Others said they had been charged a £5 daily overdraft fee, but were unable to put money into their accounts. |
Sam Middleton-Bray, from Hampshire, said she had had difficulty getting information about what was happening. | Sam Middleton-Bray, from Hampshire, said she had had difficulty getting information about what was happening. |
"It's incredibly frustrating and we're not getting a lot of information from HSBC other than their brief messages on Twitter. Their website says to call the 0345 number, but I called it yesterday three times and got an engaged tone," she told the BBC. | "It's incredibly frustrating and we're not getting a lot of information from HSBC other than their brief messages on Twitter. Their website says to call the 0345 number, but I called it yesterday three times and got an engaged tone," she told the BBC. |
One or two customers complained that the mobile app was not working either, despite HSBC's assurances. | One or two customers complained that the mobile app was not working either, despite HSBC's assurances. |
Advice | Advice |
HSBC was hit by a previous IT glitch in August 2015, which prevented 275,000 payments going through just ahead of the Bank Holiday weekend. | |
One senior MP called on the boss of the bank to make sure such failures are not repeated. | |
"The frequency of these failures across the financial services sector suggests a systemic weakness in IT infrastructure. This is concerning." said Andrew Tyrie, the head of the Treasury Select Committee. | |
"I will be asking the chief executive of HSBC, and the regulators, for an explanation of these failures and action taken to sort them out. They just keep coming." | |
HSBC customers affected by the problem are being advised to use the automated telephone banking service, on 03457 404 404. Business customers should call 03457 60 60 60. | |
Those with business accounts are usually restricted to transferring a maximum of £10,000 via telephone banking, but this limit has been raised to £100,000. | Those with business accounts are usually restricted to transferring a maximum of £10,000 via telephone banking, but this limit has been raised to £100,000. |
Otherwise, customers should go to their local branch, HSBC said. | |