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 First National Bank Complaint

SUPPLIER

First National Bank

INDUSTRY Banking
BRANCH / AREA Johannesburg COUNTRY South Africa
TIME / DATE 17:20 Thu 9 Feb PERSON RESPONSIBLE
CUSTOMER deonaspeling View all reports by user
PROBLEM

Lost of Title Deeds

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INCIDENT Thu 9 Feb
HEADLINE

How can a responsible bank lost Vaulable document

I am involved in a property transaction of stand 1254 Glen Erasmia Ext 21 Kempton Park. a Bond was registered in favour of FNB and the orriginal Title Deed was sent to and received by FNB. This property is sold and during the registration process it was found THAT FNB LOST THIS PROPERTY'S TITLE DEED.My question now is who will be responsible for the cost of the process to get a new Title Deed?
SUPPLIER'S RESPONSE First National Bank Time and Date 11:59:53 | Fri 10 Feb 12
Hello deonaspeling,

Thank you for taking the time to express your concerns.

Your complaint was referred to Homeloans for investigation and resolution.

The complaint reference is 138449

Kind Regards
Mpumi Ncube
CUSTOMER'S FEEDBACK deonaspeling Time and Date 15:40:55 | Tue 14 Feb 12
Not Impressed: As a third party in this transaction FNB feels not to give any answers to me. No matter if both my clients (buyer and seller) looses money with the delay of the lost TITLE DEED. It seems to me it is OK to misplace or lost such surity documents. I think it is important that owners with bonds with FNB are to be warned against this attitude of FNB.

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