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Customers are reportedly facing issues transferring and receiving money through internet and phone banking. The companies said: "We are aware that some customers are experiencing problems with making Faster Payments. "We are working to resolve the issue as quickly as possible. We would like to assure customers they will not be out of pocket as a result of this issue and apologise for any inconvenience caused." The faster payments services allow customers to make transfers online within minutes.

However, customers are now outraged they are unable to receive or send quick payments. Customers are reprtedly unable to connect to the banks' help desks, due to an overwhelming number of calls received . One customer asked Halifax on Twitter: "Why cant i get through to you by phone? its says not possible to connect call?" The bank replied: "We are having higher than usual volumes of calls in today which may affect this."

Millions of customers are unable to receive or transfer money due to a fault in online banking

Llloyds, Halifax and Bank of Scotland are under Lloyds Banking Group

Several customers saw problems with incoming payments. One Halifax customer asked: "What about those of us who need incoming payments? Those aren't working either, now I'm losing money because of your issue." Others said they were not able to transfer money, despite trying again on several occasions. Another Twitter user said: "My bank transfers won’t go through even after two hours any reason why?"

Customers are unable to receive or send money through internet and mobile banking