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(Bloomberg) -- Zurich authorities have apologized to city employees after a technical glitch caused a double payment of monthly salaries that local officials are now trying to claw back.
About 175 million francs ($200 million) was sent in error on Monday, which was the payday for February, according to a statement.
Workers can’t keep the money, and officials are trying to devise a streamlined process so that the 30,000 employees affected can easily return it.
A technical error at state-owned Zuercher Kantonalbank, which handles the city’s salary transfers, is to blame. The bank itself said that faulty software from one of Swisscom AG’s contractors caused the glitch.
About 175 million francs ($200 million) was sent in error on Monday, which was the payday for February, according to a statement.
Workers can’t keep the money, and officials are trying to devise a streamlined process so that the 30,000 employees affected can easily return it.
A technical error at state-owned Zuercher Kantonalbank, which handles the city’s salary transfers, is to blame. The bank itself said that faulty software from one of Swisscom AG’s contractors caused the glitch.
Zurich Just Paid Its Workers Double in $200 Million Bank Glitch - BNN Bloomberg
Zurich authorities have apologized to city employees after a technical glitch caused a double payment of monthly salaries that local officials are now trying to claw back.
www.bnnbloomberg.ca