{"id":106243,"date":"2017-06-23T09:44:10","date_gmt":"2017-06-23T13:44:10","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=106243"},"modified":"2017-06-23T09:44:10","modified_gmt":"2017-06-23T13:44:10","slug":"p46-m-mistakenly-withdrawn-during-system-glitch-bpi-exec-says","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/06\/23\/p46-m-mistakenly-withdrawn-during-system-glitch-bpi-exec-says\/","title":{"rendered":"P46 M &#8216;mistakenly withdrawn&#8217; during system glitch, BPI exec says"},"content":{"rendered":"<p>During a hearing of the House Committee on Banks and Financial Intermediaries, BPI president and CEO Cezar Consing said most of those affected are the accounts of merchants and small businesses.<\/p>\n<p>&#8220;The amount that was mistakenly withdrawn from BPI totaled PHP46 million &#8230; There were mispostings, and there was an amount, which in some cases, [were] withdrawn,&#8221; he added.<\/p>\n<p>Consing, however, noted that majority of the mistaken withdrawals were already returned.<\/p>\n<p>&#8220;We\u2019ve talked to the merchants and we are adjusting the numbers one by one. Almost all of them have expressed willingness to settle,&#8221; he added.<\/p>\n<p>Consing reiterated the system glitch was caused by human error and not due to hacking.<\/p>\n<p>&#8220;BPI deeply regrets the inconvenience caused to the public, and ensured the [House] committee that they are doing everything to prevent the same incident from happening again,&#8221; he said.<\/p>\n<p>Meanwhile, BPI executive vice president for retail banking Joseph Gotuaco said the average misposting for both credits and debits was PHP7,000.<\/p>\n<p>&#8220;The highest amount that was debited was PHP1.6 million and the highest credit was around PHP2.5 million,&#8221; added Gotuaco.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During a hearing of the House Committee on Banks and Financial Intermediaries, BPI president and CEO Cezar Consing said most &hellip;<\/p>\n","protected":false},"author":33,"featured_media":106245,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[],"class_list":["post-106243","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/106243","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=106243"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/106243\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/106245"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=106243"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=106243"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=106243"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}