Australian bank collapses

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Australian bank breakdowns, clients told to pull out reserves now

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An Australian computerized bank has imploded, leaving 140 workers without a task

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6,000 clients dashing to pull out their cash this week.

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Volt Bank declared on Wednesday it was shutting its store taking

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business and will return its financial permit after it couldn't raise an adequate

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number of assets to remain above water. 'Volt has pursued the hard decision to close

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its store taking business and has initiated the method involved with returning all

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stores to its record holders,' the neobank's site said.

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