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    Home»Tech News»Barclays bank working to update balances after tech outage
    Tech News

    Barclays bank working to update balances after tech outage

    Veritas World NewsBy Veritas World NewsFebruary 2, 2025No Comments3 Mins Read
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    Barclays bank working to update balances after tech outage
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    Barclays bank working to update balances after tech outage


    Michael Race & Lou Newton

    Enterprise reporter & reporter, BBC Information

    Getty Images Barclays branch exterior - the bank's sign is visible with some people standing in front of the bank, which is a large sandstone building. Getty Photographs

    Barclays has stated the “technical problem” impacting funds and transactions for patrons has been resolved, however remains to be engaged on updating financial institution balances for some clients.

    The financial institution stated delayed funds had been processed however that it was nonetheless “addressing any excellent points”, following days of disruption.

    On Friday when the outage started, clients informed the BBC they have been having bother with cellular and on-line banking, and in addition making important funds.

    The technical points weren’t brought on a cyber assault, it’s understood, however the financial institution has not defined what was behind the issue or what number of clients have been affected.

    “We’re very sorry for any disruption and can be sure that no impacted buyer is omitted of pocket,” a Barclays spokesperson stated on Sunday.

    “We’re conserving our name centres open for longer this weekend and we will probably be proactively contacting clients who could also be weak.”

    The financial institution stated account balances would all be up to date by the top of Sunday and that its companies have been again up and operating as regular.

    Nonetheless, experiences on the web site downdetector, which displays outages, have been nonetheless of their a whole bunch early on Sunday, with most individuals experiencing issues with cellular and on-line banking.

    Some clients on X also replied to Barclays saying they have been nonetheless going through issues and asking for compensation.

    Barclays is without doubt one of the UK’s largest banks, with greater than 20 million UK retail clients.

    On Saturday, downdetector confirmed almost 5,000 points had been reported with Barclays, greater than double the quantity reported on Friday.

    On Saturday afternoon, Barclays’ web site stated issues with its app and on-line banking have been ongoing, and warned clients that they might face points making and receiving funds.

    The web site additionally informed clients that their excessive avenue branches might not have the ability to help with all queries “resulting from points we’re going through”.

    Friday, which was pay day for many individuals within the UK, was the deadline for self-assessment tax returns.

    Some Barclays’ clients stated they have been unable to make their funds to HMRC.

    A press release from HMRC stated it was working carefully with the financial institution to minimise the affect on these submitting self-assessments.

    It confirmed that points associated to the Barclays outage wouldn’t lead to late cost penalties as these don’t apply till March 1.

    On X, the financial institution suggested clients going through difficulties accessing their cash to hunt assist from family and friends or to get in contact with meals banks.

    In response to 1 person who stated they have been unable to entry their account, the financial institution posted a hyperlink to the Trussell Belief, a charity which runs meals banks nationally.

    Emily from Exeter informed the BBC that she was spending the weekend on a good friend’s couch after being unable to maneuver into her new home.

    “I am successfully homeless with my two youngsters and two cats,” she stated, including that her youngsters have been staying with household.

    “My removing van is deserted with every little thing I’ve in it,” the 44-year-old stated.

    “I am a single mom who has labored extremely onerous for this and to be left homeless is indescribable.”



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