Customers Urged to Return Excess Funds Withdrawn Due to System Glitch

Monday, 18 March 2024, 17:38

A recent system glitch at the Commercial Bank of Ethiopia led to customers withdrawing millions of excess funds. Clients are now asked to return any money that is not rightfully theirs to avoid financial discrepancies. This unexpected incident sheds light on the importance of financial systems security and vigilance in banking operations.
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Customers Urged to Return Excess Funds Withdrawn Due to System Glitch

Commercial Bank of Ethiopia System Glitch Causes Client Concerns

Clients at Ethiopia's biggest commercial bank are being urged to return any money that isn't theirs due to a technical issue.

Action Required: Clients Must Verify Withdrawn Amounts

  • Banks officials are working to rectify the situation promptly.
  • Customers are advised to review their transaction records diligently.
  • Returning excess funds promptly is crucial to maintain financial integrity and transparency.

This unexpected occurrence highlights the significance of robust financial systems and customer cooperation in resolving discrepancies.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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