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International Business Times UK
International Business Times UK
World
Ziyad Jamal

Ethiopian Bank Glitch Lets Customers Withdraw Up To £32m at ATMs

Due to a recent glitch, customers of the Commercial Bank of Ethiopia withdrew up to £32 million not belonging to them. (Credit: Maheder Haileselassie/Reuters)

Over the weekend, a glitch affecting the Commercial Bank of Ethiopia led to customers in the East African nation taking out or transferring more money than they actually had in their bank accounts.

As unlimited amounts of money were available to be taken out, many Ethiopians took advantage of the opportunity, with up to £32 million being withdrawn from ATMs or getting transferred to other banks.

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