Problem with Zengin Net Unable to switch cash to different banks | NHK

According to Mitsubishi UFJ Bank, there was an issue with the Zengin Net (National Bank Fund Settlement Network) system, which connects banks, and a few transactions, corresponding to transfers to different banks, are now not doable. It is alleged that transfers from different banks will not be doable. Similarly, Resona Bank has additionally acknowledged that some transactions are now not doable on account of a system glitch associated to Zengin-Net.

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