Swedbank hit by IT error - money disappears from customer accounts

0:48 min
  • A technical issue left thousands of Swedbank customers believing that their bank accounts had been emptied, media in Sweden reported, Friday.

  • The bank said that a malfunction Thursday evening resulted in customers' accounts incorrectly showing they were overdrawn even though their money was still there.

  • Swedbank says its working to rectify the malfunction, which it has identified.