I was going to send 400,000 won, but I remitted 11 Gyeong 8300 trillion won...Which bank is it?
Mar 03, 2025
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According to U.S. media such as CNN and the Financial Times, two U.S. Citigroup employees sent 81 trillion dollars by mistake in April last year when they tried to send 280 dollars (about 410,000 won) to a customer's account.
At that time, neither the payment staff nor the transaction confirmation staff found this error. The transaction was approved to be processed at the start of business the next day.
A third employee, who later discovered there was a problem with the balance of the bank account, found the error within an hour and a half of the remittance, and the transaction was eventually cancelled hours later
Citigroup canceled the remittance because the internal control system found an error"This did not harm the bank or the customer." he said.
We will also do our best to prevent recurrence," he said.
Meanwhile, the number of similar remittance errors at Citigroup reached 10 last year, according to an internal report obtained by the Financial Times. This is down from 13 the previous year. Although the funds were immediately recovered by identifying errors, it is pointed out that remittance errors totaling more than $1 billion (about 1.46 trillion won) are unusual in any banking industry in the United States and the world.
This article was translated by Naver AI translator.
