(Adds detail)
LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday it was experiencing intermittent technology problems that are indirectly affecting its ability to process a limited number of transactions for wholesale counterparties.
"We have implemented workarounds to enable the Bank to operate as normal, including completing wholesale transactions in as timely a way as possible," the central bank said in a statement. "We are working to resolve the underlying issue as quickly as we can."
The Bank of England said the issue was not affecting the so-called real-time gross settlement or the CHAPS system, so the general public will see no impact on any of their banking services.
A central bank spokesman said the settlement day had been extended. The BoE said it would provide a further update on Friday morning.
(Reporting By Andrew MacAskill; editing by William James)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.