HSBC apologises as thousands of UK customers locked out of digital banking

Thousands of HSBC customers in Britain reported that they were unable to access some mobile and online banking services. PHOTO: AFP

LONDON – Thousands of HSBC customers in Britain on Nov 24 reported that they were unable to access some mobile and online banking services, the latest in a long-running series of such problems for British banks.

Website Downdetector, which tracks service outages, reported that complaints began shortly after 7am local time (3pm Singapore time) and peaked at more than 4,000 by 9am, with hundreds of customers still complaining of issues by 4pm.

HSBC acknowledged the problems.

“We’re working hard to restore HSBC UK’s Mobile and Online Banking service, including the authorising of online card purchases via the app,” a spokesperson for the bank said.

“We understand this is really frustrating for some of our customers, and we are really sorry for the inconvenience.”

The problems are the result of an “internal system issue”, the spokesperson said.

Consumer advocates said the problems at Britain’s biggest bank would be especially acute, given that it was one of the country’s most active shopping days.

“This HSBC outage will cause a real headache for a lot of its customers. In the worst cases it could prevent people making essential payments such as rent and bills, but it also falls on Black Friday, one of the busiest shopping days of the year,” said Mr Sam Richardson, deputy editor of consumer advocacy magazine Which.

Regulators and politicians in recent years have repeatedly called on banks to prevent such problems, at a time when lenders are reducing their physical presence and encouraging customers to rely on digital services.

The Bank of England in April 2022 told banks to speed up recovery from outages to avoid undermining public confidence in the financial sector. REUTERS

Join ST's Telegram channel and get the latest breaking news delivered to you.