October 30th, 2024

Scotiabank technical issues disrupting salary payments

By The Canadian Press on July 26, 2024.

A Scotiabank sign is shown on a shopping mall in Ottawa on Thursday, June 27, 2024. THE CANADIAN PRESS/Sean Kilpatrick

TORONTO – Scotiabank says some account holders aren’t receiving direct deposits and cheque deposits that include salary payments.

Customers have taken to social media to complain about the issue, noting it comes on a payday near the end of the month when many bills come due.

The bank says in a statement that it is actively working to resolve the problem as soon as possible and apologizes for any inconvenience.

Scotiabank did not provide an estimate as to when the problem would be fixed.

Last year, TD Bank Group had an issue where customers didn’t receive direct deposits on a Friday.

In TD’s case, the issue was resolved by mid-morning the next day.

This report by The Canadian Press was first published July 26, 2024.

Companies in this story: (TSX:BNS)

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