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Dutch ING Bank Suffers "Technical Glitch", Clients Report Negative Balances
UPDATE: Another Dutch bank - Rabobank - is apparently having 'technical' issues now
Following yesterday's discussion of the brink-like nature of the Dutch economy (and banking system), it is perhaps just a coincidence that ING is suffering from a major failure in its Internet Banking. It is unclear how many customers are affected but judging by the scale of responses on Twitter (#ING) it is widespread. Some customers are reporting overdrafts, and incorrect balances; and are reporting cards not working at supermarkets. We are sure this will just bolster confidence in uninsured depositors at the bank - especially since, as Ad.nl reports, no one at ING was reachable for comment.
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Glitchez, bitchez.
All these little banking glitches all over the world are just test runs for a false flag "cyberattack." They also come in handy when a bank just needs a few seconds to a few days of breathing room, so their depositors can't spend or withdraw their money while the Illuminati get it all sorted out. Not an official bank holiday, but a bank holiday nonetheless.
A) Incite bank runs to flush savings out into the economy and cause some chaos
B) Call for "electronic currency" to replace hard currency to prevent future bank runs
C) Fake a few cyber attacks to justify clamping down on the internet to protect electronic currency
D) Fuck us all up the ass
RIIIIGGGGHHHHTTTT! - It's ONLY a glitch!
the rumour I heard was that it's a genuine cyberattack - not clear if it's an anarchist cell or something bigger
I blame Iran and/or North Korea...
Anonymous has stuck paydirt!
imagine a geek at his notebook drilling into a bank and suddently all this digital fiat flows and flows and flows...
This Cyprus thingy is really catching on.
You could work for the ministry of truth!
pods
more like the ministry of magic....
according to the thread's logic I'm willing to serve as Global Minister for War
I'll take the position as Global Minister for Peace
You lazy bum!
i think you spelled it wrong.....it should be robabank....not rabobank
Oh, the spelling is Rabobank alright.
Always found it funny when I lived in Holland that in Portuguese the name of that bank means ButtBank
A rumor? Where did you hear that?
I hope the hackers completely destroy the ING database (and backups).
Then I could rename my avatar to Debtfree Man and Robbin...
Ok, it won't happen. But at least I'd have a reason to get even more booze.
Cheers!
There has been many same occurrences happening lately. They are just beta testing until the big one comes. It is being assisted by one of the Central Banks, their access has been just to easy.
Dutch ING is prepp ING to give their depositors an ass-fuck ING is what I'm think ING
Banks are getting sneaky. This time they took the money BEFORE the announcement.
I guess ING shouldn't have announced another round of job cuts. IT people can get very temperamental.
Dutch banking and insurance group ING has announced a further 2,400 job cuts as it prepares to split its banking and insurance operations.
http://www.bbc.co.uk/news/business-21440073
It's hitting Rabobank and Abn-Amro too now.
I can confirm first-hand that Abn-Amro's Mobile Banking service isn't working at the moment, although I just checked and their Internet Banking is working.
More like into bitcoin considering how fast the valuation is climbing.
No it's not a false flag, someone in IT just mis-read the memo that the "bank holiday" code tests were not supposed to be tested or deployed on production servers (yet)...
$500 more comes out of the ATM today...
Old news. The glitches are from by a discontinuity in time/space caused by the extreme concentration of darkness in the major banks. It makes the computers occasionally report what the balances WILL BE in the future after the Ponzi ends instead of what they are today. Just move the servers away from the vortex of evil and the problem will be solved
pre-crime
must arrest banksters now before this actually happens
oh wait
anyone, and i mean anyone under the troiks's mou ammendment... herein, writ this day of our overlord, shall be wholly considered a motherfucking- tax'cheating- money laundering 'pigwhore' oligarch cheat... with any-and-all non-perishable funds exceeding 101k euro's!!!
Practice makes perfect.
Congratulations! You´ve been invited to participate in a bailout!
https://www.facebook.com/photo.php?fbid=523095741075690&set=a.3926792341...
It's normal in System Testing ... but you're supposed to use the "Test Data".
;-)
"Glitchez"
Or perphaps another Deposit tax!
In Russia, you put money into the bank for deposit. In Holland, you pay to have your money stolen in the bank!
Seems to be a lot of this going around lately...my opinion is these banks are taking all customers accounts, front running inside info for a couple hours then putting the money back and keeping the piracy profits.
In other words, they're doing God's Work™.
What if you stole your customers' money for 24 hours and put it in bitcoins? And called it a "temporary glitch"? Then cashed out the bitcoins and returned the money? Hmmmmmmmmmm.
The money was stolen for prop trades plenty of times before - why even bother showing the negative balances? Everything is fine, your money is safe, move along now...
What! Don't be silly. They have accounting standards to meet.
MtGox froze up, so they couldn't cash out of bitcoin fast enough. oops.
Yea I guess they can do whatever they want and just call it a 'glitch' and no one is supposed to be worried at all that all your money can just vanish from a screen 1 day, and everyone is supposed to just trust it and go about their business with no worries? I'd think this would scare the shit out of any person with any senses.
Anyone with any sense is too busy reading Zerohedge to worry, and besides they don't have significant funds in a zombie bank anyway.
That is probably very true.
That is exactly what banks do every day. Didnt you ever wonder why you get credits, or fees waived, or points for doing things like bill payments through your bank, or direct deposit? There is a time for check clearing, transaction fullfillment, and other times when the money is neither in your account, or the person/entity you are making a payment to. The banks use this time/money for profiting. Its BAU in banking.
Are they still paying 2% interest?
Manager to ING programmer:
"Damn it, you were supposed to run your new 'fleece the sheeple' program in the sandbox environment, not production!"
Google translate: "Verdomme, je zou je nieuwe 'fleece het sheeple' programma in de sandbox-omgeving, niet de productie run"
You forgot the "loop ~" argument!
By the way, in software development circles in Holland they would say zandbox rather than sandbox. Which is kinda weird 'cause although "sand" is "zand" in Dutch, "box" is actually "doos".
Better translation would be: "Verdomme, je zou je nieuwe 'fleece de sheeple' programma in de zandbox-omgeving moeten draien, niet in productie"
Does a negative ROI on a negative savings translate to a positive cash flow?
It looks to me like Kitco's charts are saying gold and silver have stopped trading, no?
I see RED from spot gold
http://goldprice.org/spot-gold.html
Clamping down on the paper price
Hmmm 11:50AM ET is just about the time that large selloff started. Well, isn't that a fine how-do-ya-do!
Technical glitch my ass.
It's just the banksters way of gauging, training and conditioning the sheeple.
Ah, fuck. After 10 years of waiting for the collapse, it has to happen NOW? Frankly the timing is a tad inconvenient. Later this summer would be much better.
Here, here sport. Did you know I have a 4.0 from Yardale? Obviously these people have no idea who I am or this would not be happening. I fully intend on contacting My Friend the Attorney General and demand some...some...airing of the vicissitudes here. Clearly this will take but a gander and we'll have this boufon cleared up nary a jif. Now who's up for Martini's at Hidalgo's at 2?
Hookers and blow on me, Gents~!
No issue with my account. My balance is right but I can only withdraw funds in stripper credits and weed.
And the problem with that is?
First sharing a border with the Belgians and now this. Austin Power's Dad was right.
No problem except it's dirt weed and fat strippers only.
Technical glitch = insolvent
"I'm sorry, I don't speak freaky deaky Dutch"
- Baron Von Rothschild V
Looks OK for my account, normally accessible
dont believe the zh american banker funded hype
just like the longsince known housing bubble article yesterday
Bank Error in Their Favor - Please Pay $200.
Hello, Gentlemen. All your deposits are belong to us.
Where;
Technical Glitch = Fractional Reserve Banking
It's not a glitch, it's a feature!
Troika put their hand in them. :-)
It begins.
I'm off for another withdrawal. Back in 30 min.
By the way, Dutch euro's are completely different from Cypriot euro's, so i'm not worried at all.
what? the Dutch euro is different? how? is it... Gulden?
speaking of "differences" - in Cyprus there are enough "enterprising" people who would actually trade any amount of X-EUR for any amount of G-EUR - for a fee
is not happening, so I'd say this "different" EUR story is good, but it's not factual
What could possibly go wrong?
Wait... They could take all your money and leave you stranded for a start.
Someone didn't define the variables properly in the application. The combination of Real, and Imaginary numbers is confusing the computers.
Either that, or the whole financial system is having trouble dividing by 0
Wells Fargo customers had a zero balance in SoCal a few weeks ago.
The banks are trashed.
Yea sure is funny how there's apparently some 'glitch' in banks computers where your account can just suddenly show -0- and no one is supposed to be concerned and go on trusting them? This should be IMPOSSIBLE...there are backups to these programs, and it's not a 'glitch' that your account shows '0 dollars sorry try again later'...they're planning the takedown.
this has been a test of the emergency deposit confiscation system.
had this been an actual confiscation, this message would have been followed by official instruction, including, but not limited to, bank holiday announcements, explanations of capital controls, announcements of martial law and riot police/ troop deployments and whatever other other actions might be taken in order to ensure a smooth transition of your private property into the hands of foreign banker troika members.
this concludes the test of the edcs, where we remind you as always, your money is your money, at least until we need it.
Testing out the program of 'seize all deposits' but really it's just a test that went a little wobbly. No need to worry. It's not like we would ever REALLY seize your deposits.
I am pretty sure it is the ECS Emergency Confiscaion System. Like the old Emergency Broadcasting System, but harder to ignore.
i suspect IT department got their salaries cut due to costs saving program
But seriously - it could be due to summer time switch this weekend or a general upgrade of their system
Doubt it, probably the transaction journal got run on the account twice and credits/debits got duped. Consumer Banking systems are fairly simplistic systems, they take a start of day balanace, load it to an intra day day tansactional system, and then run an end of day process to post the intraday activity back to the system of record. Thats why there is something called an intraday balance. Its the balance before your transaction journal is "posted" to your account.
come on, you must be talking the cobol days
HA! what you think they're using NOSQL data stores, .Net code and Ajax for financial systems. They use the old shit becuase it works, and has worked for 30 years. Just ask IBM how their sales for mainframe systems running MVS are doing.
well, yeah. i would think there's no fucking way cobol would still be in use. fcs, my dad used to code in cobol for a fucking bank. didnt they convert cobol code to sql some time ago?
who knows maybe they are upgrading it right now :)
Cobol (and Fortran) are heavily used to this day, in a large range of applications. The other day, I came across a POS/Inventory software, for furniture stores, that is over 50% Cobol code. It's everywhere.
that gives a new meaning to spaghetti code
Help me decide
20 ounces of
2013 1 oz Silver Canadian Maple Leafs
Or
1 oz Silver American Eagles (Cull, Damaged, etc.)
Same price through today!
Leaning toward the maples, don't have any yet and the .9999 is pretty sweet.
Canadian Maple Leafs, they'll look prettier, and they don't have "United States of America" printed on them anywhere for repatriation (confiscation) purposes.
@ ebworthen:
Anything with the Queen of England's UGLY FACE on it is NOT going to be prettier than something with Lady Liberty on it.
No disrespect, just a differing opinion.
On the subject of confiscation: If it happens at all, it's going to be the big & easy targets, not the small-timers like us.
Thanks for the opinions. I didn't think about whats on the other side of the beautiful maple leaf! Oh well, I'll just have to stack leaf up.
Thanks for the opinions. I didn't think about whats on the other side of the beautiful maple leaf! Oh well, I'll just have to stack leaf up.
i guess with this
you meant (if there's any phyzz left, of course) etf's, gld, slv, sprott, etc.?
Exactly! There are plenty of "big fish" targets with assets just sitting in a vault. There aren't enough private gold holders stacking the phyzz in quantity to make it worthwhile for them to bother with.
They'll just tax the shit out of it instead.
speaking of private (and taxable),
i wonder where the hofjuden (rothschild, warburg, et al), vatican, ex-monarchs, aristocrats, etc. keep their stash of gold
Think I'll buy the dip.
Ooops, nothing to buy with...
drop the dip?
dipstick?
dipshit?
Shit.
Test run...I agree.
Jumped the gun on the real thing.
Yeah, and BAC looks like it's ready to go BAC down to $5!
Sweet! I'll load up, again... Made a pretty penny last time it happened.
Has it occurred to you for even a split second that this issue might be larger than your person gain?
Might want to check to see if there are any Cypriot programers working for ING. Maybe the money has been re-located back to Cyprus? :-)
Bwaaah ha ha ha ha!!!
The Geeks are in charge now.
All your monies are belong to us!
nothing to worry about, i am with ABM-Amro, safe and secure
The Diesel-Boom effect?
SNS Bank NV (Dutch bank nationalized = credit event)
CDS auction tomorrow, that's THE problem today. Happens EVERY SINGLE TIME.
There's absolutely no issue. Rest assured all is fine. Your money is safe, at least up to 100 k, unless we decide to ask a fair levy to up the liquidity of the Dutch banking system.
Sincerly, Dijsselblum
Look more like a batch/update issue. Messy, but not a reason to panic.
It seems that in the city Eindhoven there is a bankrun going on at the ATM's. People don't trust this.
Shakespeare's play The Merchant of Venice:
(Act II - Scene VII - Prince of Morocco):
All that glisters is not gold;
Often have you heard that told:
Many a man his life hath sold
But my outside to behold:
Gilded tombs do worms enfold.
Had you been as wise as bold,
Young in limbs, in judgement old
Your answer had not been inscroll'd
Fare you well, your suit is cold.
Today: All that Glitches is not gold.
I have a Rabobank account and could log in without a hitch.
Glitch is German for "haircut."
Got Gold?
http://www.ebay.com/itm/321100273487?ssPageName=STRK:MESELX:IT&_trksid=p...
William.
Over here in rainy old England, RBS has had two cashpoint/ATM failures where noone could make withdrawals from their accounts,explained away as a software problem.
RBS being the most insolvent of the UK banks would draw suspicion that it is actually f*****g insolvent to such a degree it cannot even find the readies for ATM's never mind a good old bank run,but I would never say that.
I'll just wait for the big "Bank Holiday" coming soon to a High Street near you,but then it will be too late,never mind -Mark Carney will solve the problem of solvency overnight whe he devalues sterling by 50% later this year,there will be no shortage of notes then eh Mark?
India is the key to most IT problems
BTW. Is ING a real bank ? I always feel the first half of the name is missING
Save your money! [so we can make it disappear via a 'technical glitch']
ABN AMRO is the problem.
Aaaaand, it's gone.
Next in line please.
Whole bank system seems to be down now in the Netherlands.
ING, RABO Bank, SNS, ABN-AMRo, iDEAL
As I posted earlier, I had no problem logging into my Rabobank account.
http://www.allestoringen.nl/storing/abn-amro
http://www.allestoringen.nl/storing/rabobank
http://www.allestoringen.nl/storing/ing
http://www.allestoringen.nl/storing/ideal
http://www.allestoringen.nl/storing/sns-bank
Just an ING IT glitch as they mistakenly put into production the new EU template "Cyprus" tax on their depositors.
ING Direct: "Save (y)our money"
ING has been running non-stop commercials with the "orange dollars" for retirement; the guy who denies himself the new grill, the Wife who pulls an orange bill out of jeans going in the wash - you've seen 'em.
"Oh no, that's my retirement dollars! Got to save those!"
C'mon ING - make some commercials with the invisible dollars! People holding up dollars that aren't there!
Tip - bring back the "Invisible Man" taking the real dollars and replacing them with "Invisible Retirement Dollars". Invisible Man: "Don't worry, it's there, trust me! I just sprayed it with my invisibility formula!"
P.S. - Hey, so ING being hacked means Bitcoin is totally safe too, right? "Untouchable!" "Infallible!" "Unbreakable!" "It's math!" - go on, let me hear it.
meh technical difficulties can happen :)
however if it is true that holland is in deep financial trouble, and ing diba (one of the biggest banks in europe) needs financial aid, this shit could get very ugly.
lets see what will happen next.
Sorry, that's not a "glitch".
Error 404 - Deposit not found.
run subroutine 401k/drink your milkshake
lost deposits found
run subsub finders/keepers losers/weepers
end program
So simply changing signs can eradicate debt. I knew Banks had reverse Balance Sheets but never dreamed they could alter the polarity as well. I mean how can global debits and credits net out if they pull this stunt ?
Get out of the fractional reserve bankster game. Pull it out so they can't steal it.
Let's hope these inbred fucktards really do decide to "pull it" to quote 9/11 Joofuck Silverstein.
It will be the end of this global facsist bankstercartel (QE)4EVAAAA
BRB. Gotta run to the bank.
pic.twitter.com/GpPWK4FQvg
Love that one! haha
"Reggie Middleton Effect" ?
Nigga' please!(lovs ya Reggie)
Sorry loyal customers , you just took a fuckING...
I told my wife I had experienced a "technical glitch" and now she has cut off my beer money.
You're lucky that's all she cut off....
:*)
Either confiscation of deposits or Russian maffia hack attack.
Putin is going to visit Holland this week. He is going to get some critique on human rights issues. I think this attack is a preemptive answer to that and to Jeroen Dijsselbloem's handling of the Cyprus crisis.
Or just a glitch.
It seems Citibank Ireland Financial Services are failing to process SWIFT transfers. This is NOT looking good, especially as it was my social security.
Shit is right.
I just closed a small bank account today. Walked away with 6k in cash. Fickers wouldn't even give me a loan because I've never borrowed money and I'm over 60 and have no credit history. Net worth over a mil. It's all so fucking crazy. I hate the bank bastards. I also hate seeing gold and silver get smashed so badly cause that's about all I have aside from a home.
Thank god its now Capital One 360 here in the states. My funds are totally 100% absolutely secure....................................................
until they're not.
and it's gone
Austerity brings about collapse : the Dutch will pay for that:
http://www.wallstreetitalia.com/article/1536782/crisi-debito/olanda-in-c...
= Holland stuck in a crisis (between a real estate bubble and HUGE DEBTS)
Germans = IDIOTS
How were we supposed to know the EU was going to merged us with the bank of Cyprus overnight. Last weekend they said it probably wouldn't happen until sometime in May.
They're just practicing for when the big bank collapse hits and they give everyone a negative balance. Imagine the day when you will have to PROVE to the bank that you actually gave them your money! It's coming.
Rob-A-Bank
The zionist banksters did Cyprus to give people the jitters; so that when anything like this ING event happens people will inevitably draw out money. This type of event will increase in frequency, the withdrawal of deposits will escalate and eventually bring down the Euro banks, then the world. Then they will herald a new global currency, one that is immune to the vagaries of national currencies, in other words: the same shit they said about the euro.
Uh, we aint figured it out, bitfchez banker wankers, 'tis a mystery.
Let's see how many people complain about being charged for false overdrafts at the end of the month.