Bank of Valletta to resume non-SEPA transfers by Monday

Source: Xinhua | 2019-02-23

The Bank of Valletta said on Friday that it expected to have its third-party payment services outside the eurozone reactivated by Monday following a cyber attack last week.
The bank said in a statement that it had started to reactivate non-SEPA (Single Euro Payments Area) payment services from its branch network.
It said that in the meantime it will also work to "reinstate these payments through internet banking."
Last week, the bank suffered a cyber attack, which forced it to shut down its operations. Some 13 million euros (14.7 million U.S. dollars) were transferred out of the bank as a result.
The bank said that its employees had over the past days focused their efforts on restoring normal services as well as on "clearing up backlogs which had accumulated because of the incident."
Operations, it added, were now close to normal.
"Payments of salaries, social benefits and pensions, both local and international, are proceeding as usual and the bulk payment functionality, on the bank's internet banking, has also been reinstated."
It said the "cyber incident" was the subject of a criminal inquiry before the Court of Magistrates.