MANILA: CIMB Bank Philippines said an “unexpected error” caused the unauthorised fund transfers that affected some of its customers over the weekend.
“Immediate action was taken and it has since been resolved,” CIMB said in a statement.
CIMB said on Sunday (April 27) it had completed restoring the lost funds of all customers who reported losing as much as P500,000 (US$8880) due to unauthorised transactions. - Philippine Daily Inquirer/ANN