Aug 8 (Reuters) - Woolworths Ltd WOW.AX -
* Statement on cuscal processing error
* Clarifies situation related to repeat charging of some customers who used visa cards issued by certain smaller banks and credit unions between 11-13 march 2017
* Incorrect transactions will be rectified and refunds will be made into affected customers' accounts by 2pm on 8 august
* "We have raised these concerns directly with cuscal and visa, and propose to pursue matter with relevant financial services regulators"
* Woolworths ltd says "was not involved in this error, and was completely unaware of it until we were contacted by our customers"