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To: StockDung who wrote (16451)	3/18/2002 4:53:40 PM
From: Tadsamillionaire	Respond to of 18998

Bank of America glitch temporarily erases funds NEW YORK, March 17 (Reuters) - Bank of America (NYSE:BAC - news), the No. 3 U.S. bank, said on Sunday it has corrected a computer processing problem that left a large number of West Coast customers without access to funds directly deposited to their accounts last Friday. The computer glitch, which affected an unspecified number of Bank of America customers in Nevada, California and Arizona, left customers unable to access paychecks that had been electronically, directly deposited on Friday, said Harvey Radin, a bank spokesman. Radin said the problem occurred on Friday evening. The Charlotte, North Carolina, bank was able to restore funds to its Arizona and Nevada customer accounts late Saturday afternoon, and to California accounts by early Sunday morning. Radin, who said he did not know how many accounts were impacted, said the bank had back-up procedures in place to help ensure the proper funds were posted to customers' accounts, it just took a little longer than normal. All of the transactions should now be properly posted, Radin said, and the bank is working with affected customers to resolve any issues that might have arisen because of the glitch, including bounced checks. ``We're just glad we could resolve it within a relatively short period of time,'' Radin said. "We regret any inconvenience it may have caused, but we're working with customers to resolve any issues related to the situation. biz.yahoo.com