Bank of America malfunction: clients in panic, problems with accessing accounts

3 october 2024 в 19:13
Bank of America malfunction: clients in panic, problems with accessing Bank of America malfunction: clients in panic, problems with accessing
Bank of America scared its customers, and many are still trying to understand what happened.

Thousands reported problems accessing their accounts on Wednesday afternoon, when the financial institution experienced a widespread outage. Many users received a «connection error» message when trying to log into the banking app. The message stated that «your request cannot be completed» and advised users to «try again later».

Users began reporting issues on DownDetector after 12 PM Eastern Time on October 2, with peak reports around 1:30 PM. Although the number of reported problems has since decreased, some users continued to experience issues into Thursday morning.

Bank of America serves 69 million consumer and small business clients in the US and operates over 15,000 ATMs nationwide. Earlier this year, Bank of America/Merrill Lynch Wealth Management was recognized in the Kiplinger Readers' Choice Awards as reliable consultants.

This is all we know at the moment about the outage and its latest occurrence for the bank.

Bank of America did not provide a specific reason for the outage or issue a public statement beyond a representative’s comment. The statement said:

«Some customers are experiencing issues accessing their accounts and balance information today. These issues are being resolved and are largely already resolved. We apologize for any inconvenience».

The banking giant has not yet posted anything on social media, but informed the media that the issues are «largely already resolved».

Prior to this outage, there was another one in the summer when the cybersecurity company CrowdStrike experienced a significant outage due to a faulty update.

Customers experiencing the outage turned to social media platforms like X and Reddit to confirm that they were experiencing similar issues. Many also reported difficulties in contacting Bank of America customer support.

— Jessica (Pixels) (@GermaricanMix) October 2, 2024

«My account says 'some accounts are temporarily unavailable,' and for my savings and debit cards, dashes are shown. However, when I click on the account directly, I see the balance», - wrote one person on Reddit.

«It shows my debt normally, though», - commented another user
© Smirnova Olga

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