1 reviews | Active since Oct 2016

07 Aug 2019, 13:31

ABSA Forex Rip-off!

Purchased British Pounds on ABSA Multi Currency Cash Passort card in June, 2019. Went to UK in July and discovered that ALL my British Pounds had been converted to US Dollars! Every pound I withdrew was charged Exchange Fees, which I paid to ABSA in SA. Withdrew £500 and was charged £145 by Halifax Bank for Bank Charges. Went to ABSA who refused to assist at all and told me phone MasterCard in the UK, at my expense, and sort this out with them! My argument was that I paid ABSA for my £, not some other Bank overseas! Phoned ABSA head office but they are not concerned. To add to this Ripoff £200 has disappeared off my Card when I returned to SA.

0
Replies (3)
Absa
Absa's reply07 Aug 2019, 14:25
Official
Dear Customer  
Thank you for bringing this matter to our attention. We will investigate the matter and furnish feedback once matter has been resolved.
  
Regards
  
Pravesh Bejay
Specialist Case Manager
Customer Value Management 

Best regards,

Absa
Absa's reply07 Aug 2019, 14:26
Official
Dear Ivan Your complaint reference number is  C-***6. Progress will be provided within the next 2 working days. Please feel free to contact me on ***, alternatively you can email me at *** if you are unable to get hold of me telephonically. 
 
Regards
 
Pravesh Bejay
Specialist Case Manager
Customer Value Management 

Best regards,

's update07 Aug 2019, 14:26
Reviewer Update
Thanks.