BANK SALARIES DELAYIED

WWW.J-LOU.COM

As many as 400,000 people will not be paid as expected today because of a problem with an electronic banking system. The BACS system, which processes financial transactions, has been running slowly and has not sent out all payments in time, the payments association Apacs said. 

Spokeswoman Sandra Quinn said affected workers should be paid by Monday. She advised concerned customers to contact their back immediately. Banks are trying to ensure direct debits will be paid as usual. Such transactions can be refused if their payment means accounts will be overdrawn. 

Ms Quinn said there was no pattern to the glitch and any company that had been affected by the problem should have informed their employees. Employees would be refunded charges if their accounts were overdrawn or if they breached their overdraft limit as a result of the problem, she added. 

She advised people who needed cash for the weekend to withdraw it over the counter, as cash machines could refuse the withdrawal.  “The entire banking and payments industry is extremely sorry that this has happened and we are working to resolve the issue and limit the impact on individual customers,” she added. sexy tops