The Bank of the Philippine Islands (BPI) disclosed to the Philippine Stock Exchange (PSE) that it was able to successfully correct all the duplicate transactions as of Wednesday evening.
THE Bank of the Philippine Islands disclosed to the Philippine Stock Exchange that it was able to successfully correct all the duplicate transactions as of Wednesday evening.
In a statement sent to the media last Thursday, BPI said it regretted the incident and the negative impact it had on their account holders. On January 4, 2023, some BPI account holders’ ATM, CAM deposit, POS and e-commerce debit transactions from December 30 to 31, 2022 were posted twice.BECAUSE of the incident, “Hoy BPI” and “0431 Debit Memo” trended on Twitter with many holders of BPI accounts taking to social media to air their grievances over the double debit transactions.
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