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Technology Stocks : 2000: Y2K Civilized Discussion

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To: Cheeky Kid who wrote (423)	8/27/1999 5:44:00 PM
From: B.K.Myers	Read Replies (2) of 662

Bank admits computer problems ------------------------------------------------------------ A UK bank is planning to compensate business customers adversely affected by computer troubles. The Bank of Scotland has admitted hundreds of thousands of pounds of transactions had been delayed in the past fortnight by problems with electronic payments made from its Edinburgh-based international business division. Inward payments have also been affected. A bank spokeswoman was unable to give specific details about the problem, but y2k-news.co.uk understands it ocurred after the installation of a new Y2K compliant computer system. She said: "We have experienced operational problems with a new computer system for international payments over the past two weeks. "This has resulted in delays in the bank's international payment traffic and a backlog over the past 10 days." She was also unable to say how many customers had been affected, but said any who were out of pocket as a result of the problem would be compensated. The bank hoped to fix the problem today. y2k-news.co.uk [ Fair Use: For Educational/Research Purposes Only ] B.K.

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