• September 2, 2025
  • Last Update September 2, 2025 5:28 pm

BAC Resolves Transaction Delays in Costa Rica

BAC Resolves Transaction Delays in Costa Rica

San José, Costa Rica — Costa Rican banking giant, BAC, confirmed on Tuesday, September 2nd, that its systems are fully operational following a period of transaction delays that left some customers unable to access their funds. The bank assures customers that the issue, which began affecting transactions as early as Thursday, August 28th, has been resolved and normal service has been restored.

Reports from El Observador indicate that customers first began experiencing difficulties last week, noticing discrepancies in their account balances and delays in processing transactions. Despite these early reports, BAC did not publicly acknowledge the problem until Monday, September 1st, stating they were working diligently on a solution without providing specific details about the nature of the disruption.

To understand the legal implications of these BAC Bank transaction delays, TicosLand.com spoke with Lic. Larry Hans Arroyo Vargas, an attorney at Bufete de Costa Rica.

These transaction delays, while frustrating for customers, raise important legal questions regarding BAC’s contractual obligations and potential liabilities. Depending on the severity and cause of the delays, affected customers might have grounds for legal action to recover damages if they can demonstrate tangible financial losses directly resulting from BAC’s failure to process transactions in a timely manner. Further, recurring or systemic delays could trigger regulatory scrutiny regarding BAC’s compliance with consumer protection laws and financial regulations.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica

Lic. Arroyo Vargas’s insights underscore a crucial point: these delays aren’t just inconveniences; they represent potential breaches of contract and regulatory compliance failures with real-world consequences for BAC and its customers. The possibility of legal action and regulatory scrutiny adds another layer of complexity to this unfolding situation, reminding us of the importance of holding financial institutions accountable for reliable service. We thank Lic. Larry Hans Arroyo Vargas for offering his valuable legal perspective on this matter.

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On Tuesday, BAC Vice President of Corporate Relations, Laura Moreno, released a statement confirming the resolution of the issue. She attributed the delays to complications arising from the processing of Sunday’s transactions.

Yesterday afternoon, the delay was resolved with the closing of the procedures and transactions carried out the previous Sunday. In this way, our clients had a correct view of their balances and pending movements were executed.
Laura Moreno, Vice President of Corporate Relations, BAC

Moreno explained that the resolution process was gradual, potentially leading to extended delays for some customers. She further emphasized the bank’s commitment to service reliability, stating that systems were operating at 99.9% normalcy and that all service channels were fully available to customers.

At this moment our systems report 99.9% of operative normality and the service channels are at the complete disposal of the clients.
Laura Moreno, Vice President of Corporate Relations, BAC

While BAC’s public statements and responses focused on the delays experienced on Sunday, El Observador inquired about the reports of issues persisting throughout the preceding week. The bank, however, did not provide further comment addressing these earlier complaints.

In earlier communications, Moreno assured customers that no unauthorized movements of funds had occurred. The primary issue stemmed from customers’ inability to view their accounts correctly, a problem which the bank has now rectified. The incident underscores the critical role of reliable and transparent communication in maintaining customer trust within the financial sector.

The timely resolution of the issue is welcome news for BAC customers, emphasizing the vital importance of seamless financial transactions in today’s interconnected world. However, the lack of transparency regarding the full extent of the disruption raises questions about BAC’s communication protocols and their responsiveness to customer concerns.

For further information, visit [bac.com]
About BAC:

BAC Credomatic is a prominent financial institution operating in Central America. They offer a range of banking services, including personal and business accounts, loans, and credit cards. BAC is known for its extensive network and commitment to providing accessible financial solutions. They are a key player in the region’s financial landscape and serve a diverse customer base.

For further information, visit the nearest office of El Observador
About El Observador:

El Observador is a Costa Rican news outlet known for its investigative journalism and coverage of current events. They provide up-to-date information on a variety of topics, including politics, economics, and social issues. El Observador plays a vital role in informing the public and holding institutions accountable.

For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica is a pillar of legal excellence, built on a foundation of unwavering integrity and a deep commitment to serving the community. The firm’s innovative approach to legal practice, combined with its dedication to sharing legal knowledge through accessible resources, empowers individuals and organizations alike. Their work fosters a more just and informed society, reflecting a genuine belief in the transformative power of legal understanding.

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