Swedish ATMs – a new clondike (at least for a few hours)?

Yesterday evening Swedish police where posted at ATMs after suspicious behaviours, where a lot of people where queuing up to withdraw money at many ATMs.  This after a rumor online that it was possible to withdraw any amount of money, at any time and without having funds on the account.

The problem was that the funds check on Swedbanks debit cards did not work due to a problem in their IT-systems. Withdrawals of money without funds where possible for some hours.

Clondike? Not! All transactions is tracked and persons will have to pay back (also as of terms in their agreement with the bank) if they withdrawn money without having the funds. Problem though if persons in access of stolen cards managed to do withdrawals..

Update: One person was interviewed in Aftonbladet on Sunday February 5. He claimed he took out 590 000 SEK (!) in multiples of the max per withdrawal (= 10 000 SEK)  without having the funds. He will now have to pay it back.

Police officers on site at an ATM Wednesday evening.
Photo by: Patrick Persson

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