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    Home»Top News»UK: Santander misappropriated 130 130 million on Christmas Day
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    UK: Santander misappropriated 130 130 million on Christmas Day

    Henry BlackwellBy Henry BlackwellDecember 31, 2021No Comments1 Min Read
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    UK: Santander misappropriated 130 130 million on Christmas Day
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    On December 25, 75,000 payments made by about 2,000 professional bank customers due to a “technical problem” were copied into their customers’ accounts, Santander confirmed in a report to the AFP in a report to the AFP. .

    The duplicate transactions were debited directly from the bank, and “no customer paid out of their own pocket” was guaranteed to Sandander, noting that he was working to “recover the amount in question with several banks across the UK”.

    The beneficiaries of the transfers were mainly workers or suppliers of certain Santander client companies, who received either salary or double pay.

    The transfers were made to the accounts of several British banks, which complicated the recovery of the money, the Times said.

    Santander said it “quickly detects and fixes” a planning problem that led to incorrect payments, and that it has opened up a “bank error recovery procedure” with beneficiary banks.

    The British branch of the Spanish bank Santander has 14 million customers and recorded a net profit of over £ 1 billion in the nine months to 2021.

    Henry Blackwell

    Henry Blackwell is a contributor at Mediarunsearch.co.uk, covering a wide range of topics including news, politics, business, technology, sport, entertainment, and lifestyle. He focuses on delivering clear, balanced reporting and useful information that helps readers stay informed about current events and emerging developments. His work highlights stories that matter to everyday audiences, with an emphasis on accuracy, relevance, and accessible journalism.

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