10.34 am, Thursday May 24 2012

Two men charged over bank ATM windfall

06:08 AEDT Wed Mar 2 2011
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Commonwealth Bank ATMs were targeted. (AAP)
Commonwealth Bank ATMs were targeted. (AAP)

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Two young men have been charged over the Commonwealth Bank ATM debacle that allowed people to withdrawal more money than was in their accounts.

NEWSWATCH: Did you withdraw more than you should? Let us know

Police on patrol observed a group of males standing outside a bank at Merrylands, in Sydney's west, about 2pm (AEDT) on Tuesday.

They were seen exchanging amounts of cash before three of them left in a car, which police stopped a short time later.

Two of the men were allegedly found in possession of an amount of cash obtained by using a faulty ATM.

A 20-year-old man was charged with dishonestly obtain financial advantage by deception.

He was refused bail to appear at Fairfield Local Court on Thursday.

An 18-year-old was charged with the same offence and will face Fairfield Local Court on March 23.

Police would not confirm the incident related to Tuesday's technical glitch that plagued ATMs operated by the Commonwealth Bank.

The problem forced the bank to put all of their ATM machines into offline mode.

Customers had no access to their account balance but were still able to withdraw money — more than their accounts held.

The bank reported people queueing up at the ATMs in Sydney and Melbourne in order to deliberately withdraw more money than was in their account.

The technical glitch was repaired by about 5.30pm (AEDT) on Tuesday.

 

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