IS THIS A SIGN OF THINGS TO COME ...
Updated -Sunday 28 Nov.10 Australia-No end in sight to BIG BANK's computer GL...ITCH drama-
THE National Australia Bank (NAB) says it is making good progress to fix a computer glitch that has left thousands without access to their money, but can't say when the problem will be finally resolved.
http://www.news.com.au/money/banking/nab-glitch-continues-to-cause-trouble/st...
http://www.abc.net.au/news/stories/2010/11/27/3078267.htm ABC Reports that :
"One should be more concerned over those people who are seeking to settle on properties or, who knows, I mean there are millions of people affected by this, there could be all sorts of financial fall-outs for large numbers of people.
"[It] might not be very easy to quantify in terms of opportunities that they've lost, which might make compensation very hard to argue and very long-winded if it gets into any litigation."
Source Video:
http://www.businessspectator.com.au/bs.nsf/KGBTV?Readform&groupid=NADR-86...
/KGBTV?Read-
KGB tv...INTERVIEWS NAB BOSS-Cameron Clyne
http://www.businessspectator.com.au/nab
AdFreak13's Channel-NAB COMMERCIAL
http://www.youtube.com/user/AdFreak13#p/u
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Right Now... The NATIONAL AUSTRALIA BANK is unable to say when the issue would be fixed.
"When, someone is making a payment to the bank- The Money BEAMS UP from their account at the speed of light,''
" When, someone is making a payment to you-The Money Travels to your account at speed limit ... 5KPH...
Banks are much quicker at taking than they are at paying out...
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National Australia Bank Limited is an international financial services company that provides a range of financial products and services. On September 25, 2007, the Company announced that it had entered into an agreement to sell its Commercial Fleet business. On October 8, 2007, it signed an agreement to acquire a 20% stake in Union Trust & Investment Limited (UTI) based in the People's Republic of China. In May 2007, the Company launched NAB Health, a specialized banking business to service the financial needs of medical practitioners, healthcare and aged care facilities, and investors. Its business is organized into four operating segments, three of which are managed along regional lines: Australia Region, United Kingdom Region and New Zealand Region, which include banking and wealth management products, as well as nabCapital (which is managed globally). In June 2008, the Company acquired Great Western Bancorporation, the holding company of Great Western Bank in the United States.
Address: Level 34, 500 Bourke Street, MELBOURNE, VIC, AUSTRALIA, 3000
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