Glitch at Japan's clearing system preventing transfers at 11 banks (updated)

Yamaguchi Financial

10/10/2023 04:01

(Adds details)
       TOKYO, Oct 10 (Reuters) - The Japanese Bankers
Association said on Tuesday a glitch at its online payment
clearing network system is preventing some domestic transfers at
11 banks including MUFG Bank  8306.T  and Resona Bank  8308.T .
    There was an issue with the system's relaying computer and
the association is investigating the cause, the banking industry
group said.
    It's not clear when the system can be restored, the group
added.
        The glitch is also affecting a wide range of banks as
it's blocking fund transfers to and from those 11 banks directly
impacted.
  
        The 11 banks include Yamaguchi Bank  8418.T , JPMorgan
Chase Bank  JPM.N  and Mitsubishi UFJ Trust and Banking.
        
  
         

 (Reporting by Makiko Yamazaki; Editing by Christian
Schmollinger and Shri Navaratnam)
 ((Makiko.Yamazaki@thomsonreuters.com; +81-3-4563-2805;))