Bank of America is down. Customers report widespread outage, zero balances shown.
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FYI: Bank of America is headquartered in Charlotte, NC. They may have gotten hit by the hurricane.
https://en.wikipedia.org/wiki/Bank_of_America
https://www.charlottenc.gov/CS-Prep/City-News/Hurricane-Helene-Support-Recovery
Or someone hit that area with a hurricane.......
I hope that's not what BofA is saying, because that's utter BS. ANY business that's 10% the size of BofA should have not only local, but also cloud / offsite backups, and GEOGRAPHICALLY DISTRIBUTED backups.
Meaning; you don't just backup to the data center down the street, or even in your same state; if you are east coast, you backup to data centers in the midwest & west coast, and to the extent possible under Cyber Security laws & regulations, you'd absolutely want backups stored in a whole other country / continent as well.
Not only that, but ANY business of ANY size that relies on tech must have Business Continuity & Disaster Recovery systems in place.
These systems give you the ability to continue running your business virtually uninterrupted, even if your entire office does get blown away by a hurricane, flood, fire; whatever.
If BofA is trying to whine about the hurricane causing this, that's a total load of crap.
Either that, or they need to hire me!
u/#swedishpopcorn
Remember Warren Buffet recently stated dumping ALL of his shares of BofA?
Pepperidge Farm remembers...
u/#PopcornTime
Yes! Reported on here: https://greatawakening.win/p/17ty2gLGRr/warren-buffett-has-sold-981-mill/c/
He sold $981M shares in August.
He should now buy lots of DJT
Did he actually do / say that, or I thought he was just selling SOME of his BofA stock....?
Here you go:
https://downdetector.com/status/bank-of-america/
Does this mean my credit card bill is now zero?
Everyone is reporting that their bank balances are zero BUT their credit card amounts owed are still showing.
How convenient
All they have is my mortgage - hopefully that shows a zero balance…
Thanks for the smile, fren!
For banks, Assets and Liabilities are flip-flopped.
To them, your cash on hand is a loan to them, but their loans to you are what's valuable (to them)
I checked mine and unfortunately not. They won't clear those balances :)
Yes. Don't pay anymore.
No, don't believe those people already people making Bank of America money glitch videos.
Nope, they are still showing debt owed.
"Convenient", ain't it?!?
Oh, that's the part that is literally the most ironic thing I've ever seen in my life;
This happened to me AND a prospect I just spoke with for the first time today;
Our bank acct. balances - ALL OF THEM - were at $0.00..........
BUT MY CREDIT CARDS / LINES OF CREDIT, STILL SHOWED THEIR TYPICAL BALANCES.........
Can you FUCKING believe that??????
(((BANKERS)))...........
This is the problem with "digital money"
They can't zero out my safe!
Digital money = digital backdoors
Home invaders can...
And there are millions of illegals who would LOVE to know where you live...
click* that was the sound of a round racking.
Shotgun pump is way better
But the cops will arrest you nowadays if you shoot an illegal
Just logged in and called them. Seems fine in the southwest
Credit unions folks!!!
I only use credit unions. Hopefully, it is a little better than banks
Make sure your credit union is Basel 3 compliant. It most likely is, but, if not, find an institution that is.
Credit card show balance, Current Account balance is unavailable at this time.
How many times is this now? 3 or 4?
My account-app is still working. Dang! I was hoping an “accidental glitch I get to keep cool million” dropped in! 😂😂
Perhaps white hats orchestrating the scare of the shipping union strike and now this, in order to get people to prepare (take out cash, stock up on food)?
BOA may officially be Basel3/iso20022 compliant but that doesn't mean all their branches are.
Potential problem for people having money in a non-BASEL3 compliant bank after Oct.1 given that after that date Basel3 banks are unlikely to even accept a money transfer from a non-compliant bank.
(meaning non-compliant banks will crash and burn and many are likely to pilfer and run rather than go down with the ship...)
Good chance that something related to this is what is happening...(some banks having zero issues while other branches, well....)
I talked to a teller the other day and she told me there's long line on the 1st and the 15th of each month. People with direct deposit are going in and getting their entire checks out in cash. They're leaving the very minimum in their accounts to pay bills electronically.
I just logged in to check my Bank of America account. All my money is still there.
I have not been able to log into my mobile app and am only able to log into my online banking intermittently with Navy Federal Credit Union. This has been going on for almost 2 weeks. First they said it was due to maintenance (a lie) and now are saying the hurricane is responsible.
IRS Next
Here's what I get at 4:30 pm MST. Balances intact. There was a problem processing your request. We are temporarily unable to retrieve all of your accounts. We apologize for the inconvenience. You can continue banking online with the displayed accounts. Please note that the current balance amount for one or more of your accounts may be temporarily unavailable, but you can still use your Online Banking account.
I just made a Bank of America credit card payment online a couple of hours ago and everything worked just fine.
I remember a post that provided a way to check how healthy a bank or credit union is. Does anyone remember that and haa e it handy by any chance? I need to get my money out of BOA.
Looks like BoA is doing a bail-in.
this is why i keep my balance at $5
Bitcoin solves this