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OUT OF MIND » THE INSANITY OF REALITY » GLOBAL FINANCIAL COLLAPSE » Bank of England’s real time payment system is down

Bank of England’s real time payment system is down

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PurpleSkyz

PurpleSkyz
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Bank of England’s real time payment system is down
Posted on October 20, 2014 by RonMamitaLeave a comment
Bank of England’s real time payment system is down Ba7428c034d39b22672448e914a24638?s=48&d=&r=G Originally posted on Amanah Satu - Malaysia :
The Guardian
The collapse has started or is it the shut down drill ??
Bank of England’s real time payment system is down — business live
Bank of England’s real time payment system is down D21fa71f-271f-42cc-ad28-b35d7556ca29-620x372

Bank of England crash will have ‘cascading effect’ on house movers

Bank of England’s real time payment system is down 10e97215-bb7f-4157-8998-25973ef337bd-bestSizeAvailable The collapse of the Chaps system will have a knock-on effect on people trying to move house today, experts are warning.
Mark Hayward, managing director of the National Association of Estate Agents, fears a ‘cascade effect’, if payments due to be processed today are delayed until Tuesday.
This could mess up hiring a removals firm, or switching telephone, water, electricity and gas supplies.
Hayward explains:
“Whilst Monday is not the busiest day in terms of completions, the failure of the payments system for UK house purchases will have a cascading effect and it is likely any payments will now be held up for a day or more as money takes time to transfer…
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