NATWEST BANK FIASCO

Sat Jul 14, 2012 5:50 pm » by **monica44**

Were the recent shenanigans at one of the largest banks in the UK, Natwest, where the computers going down, caused uproar with business's and personal accounts being frozen, people left stranded without money, wages delayed etc, which caused untold people to go overdrawn and home buyers without the means to move into their properties and much more misery, was it all perhaps a "dummy run" for a much bigger operation to go into effect.
Due to the nature of money these days, most keep their monies in banks, do all their transactions via direct debit, online, and via cards chip and pin.
What would happen if suddenly satellites went down, and computers to all the banks failed ? everybody who thought they were well off finds themselves penniless, is this why our respective governments have ensured that today's modern person does all of their financial transactions electronically.
It wouldn't take much for society to break down, and thus pandemonium ensues.

Sat Jul 14, 2012 6:12 pm » by **Shemagh**

monica44 wrote:Were the recent shenanigans at one of the largest banks in the UK, Natwest, where the computers going down, caused uproar with business's and personal accounts being frozen, people left stranded without money, wages delayed etc, which caused untold people to go overdrawn and home buyers without the means to move into their properties and much more misery, was it all perhaps a "dummy run" for a much bigger operation to go into effect.
Due to the nature of money these days, most keep their monies in banks, do all their transactions via direct debit, online, and via cards chip and pin.
What would happen if suddenly satellites went down, and computers to all the banks failed ? everybody who thought they were well off finds themselves penniless, is this why our respective governments have ensured that today's modern person does all of their financial transactions electronically.
It wouldn't take much for society to break down, and thus pandemonium ensues.

A good case for what my granny used to do, Keep an emergency stash under the mattress,

Sat Jul 14, 2012 6:20 pm » by **monica44**

I would guess they think of that too, perhaps its why they keep changing the notes and coinage here ? They are going to make it that you are entirely dependent on the state for everything. Nobody is going to bite the hands that feed your kids, they will comply....
One way or another.

Sat Jul 14, 2012 6:49 pm » by **Tonyw**

They have got you haven't they?. We all went like Sheep to the slaughter. Mind you the Natwest bank (Who i have an account with) says "It was an upgrade to the system which caused the crash" . I think it was hacked IMO. I am just glad i wont be around for much longer to see what's really coming. :vomit:

Sat Jul 14, 2012 6:56 pm » by **WillEase666**

Bank customers who suffered knock-on costs during NatWest's IT meltdown will be reimbursed no matter who they bank with, its chief executive has said.

http://www.telegraph.co.uk/finance/pers ... litch.html