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Delayed Bank Payments Reach Accounts

Payments through all Finnish banks were late in arriving to customers’ accounts on Thursday. The Federation of Finnish Financial Services says that all delayed payments have now reached customer accounts.

Pankkivirkailijoita työssään.
Image: YLE

The delay was due to a common payment system malfunction that appeared during the night in the Single European Payments Area. The vast majority of banks use the new European payment system and most transactions occur through it.

Last time this problem arose just over a month ago, and on that occasion it was fixed over the course of a day. Then the fault lay with a glitch in the payment system of the European Central Bank.

Sources: YLE