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Malfunction at Thai banks causing ATMs (ATM) to stop working

By Editorial
Posted in News from Thailand
Tags: , , ,
1 September 2018

Oathz / Shutterstock.com

Due to a technical problem, payment traffic at four banks came to a standstill yesterday. Cash machines (ATMs) failed and money transfer was also not possible.

The problem started with Kasikorn Bank and then spread to three other banks, because they are centrally linked. According to a message from Krungsi Bank, the problems were due to the large number of transactions. The outage was rather inconvenient because wages are paid on Friday in Tahiland. Long queues formed at the ATMs, but no one could access their money at the time.

The Bank of Thailand disconnected the bank that caused the problems from the central system, resolving the malfunction at the other banks.

Source: Bangkok Post

Number of times read: 201

2 responses to “Machine at Thai banks causing ATMs (ATM) to stop working”

  1. RonnyLatPhrao says up
    1 September 2018 on 10: 54

    Beats. I couldn't do internet banking via Kasikorn for a while yesterday morning.
    Tried again around 1300 and then it was resolved.

  2. Carl says up
    2 September 2018 on 03: 02

    Another important cause was “pay off” day, millions of Thais always pay via ATMs at the end of the month
    their interest/repayments on the loans they have taken out. Joep van 't Hek said it already…….. Borrow, borrow… pay, pay….!!!


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