Japan urges banks to fix glitch in cash transfers.

BANKING AND CREDIT NEWS-October 12, 2023--Japan urges banks to fix glitch in cash transfers

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Global Banking News - 12 October 2023

Japan's government has urged commercial banks to fix current glitches that prevent transfer of cash, Bloomberg has reported.

The operator of the domestic interbank fund transfer system has been asked to fix a problem that has disrupted millions of transactions for the past two days. The trouble has affected 11 banks.

Zengin-Net, the operator, and...

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