BPI Account Holders Experiencing Unauthorized Transactions

Jun 07, 2017 at 8:02 AM
Posted by : Marie Li
Filed Under : News & Events

Have you checked your BPI savings account? If not, please do so!

Manila, Philippines - Bank of the Philippine Islands aka BPI, the oldest bank in the Philippines, is currently experiencing some technical issues. 

Various BPI Account holders ranted on their respective Facebook and Twitter accounts about some fraudulent and unauthorized transactions with their accounts. 

Some BPI Account holders loss significant amount of money, and worse, some had zero balance as of today.

As of writing, BPI already released a partial statement via their official Facebook and Twitter page:

BPI ADVISORY: Due to an internal data processing error, some clients may have seen their accounts debited twice or...

Posted by BPI on Tuesday, 6 June 2017


The bank's online channels were inaccessible but balance checks could be made via ATM.

According to a reliable source, the Senior Management is already aware of the issue and is currently looking into it.

BPI ADVISORY: Further to our announcement this morning, we have identified an internal system error that caused some...

Posted by BPI on Tuesday, 6 June 2017

As of 9:30 AM PST, Banko Sentral ng Pilipinas assured that BPI will reinstate all damaged accounts.

BSP: Sinigurado ng BPI na maitatama ang mga ulat ng 'unauthorized transaction' at walang kustomer na mawawalan ng pondo sa kanilang account. DETALYE: bit.ly/2sQiFBi

Posted by DZMM TeleRadyo on Tuesday, 6 June 2017

According to BSP Deputy Governor Nestor Espenilla Jr., the incident is not a result of hacking. 

BSP Deputy Gov. Espenilla on BPI glitch

BSP Deputy Governor Nestor Espenilla Jr. says BPI should be allowed to resolve its internal problem first. #ANCRecap #MEWCY

Posted by ANC 24/7 on Tuesday, 6 June 2017

As of 10:30 PM: 

BPI ADVISORY We would like to announce that we have rectified the mis-postings related to the internal systems problem....

Posted by BPI on Wednesday, 7 June 2017

Hopefully this will be resolved soon.

Source: BPI, ANC and DZMM Teleradyo

Jun 07, 2017 at 8:02 AM
Posted by : Marie Li
Filed Under : News & Events