ABSA Immediate Transfers Broken for 5 Days

I did an immediate internet transfer for a substantial amount from my ABSA account to a Standard Bank account early on Friday morning. The funds were supposed to have been available in the Standard Bank account within the hour. It is now 4 days later and the funds are out of my account but still not reflecting in the Standard Bank account.<br> <br> All that the call centre and Palesa Muhalami at the Cresta branch can tell me is that there is a technical error that ABSA is working on. This has been the story since Friday when I first phoned to find out what the problem is.<br> <br> Long story short, I am now more than likely going to have the transaction I am engaged in cancelled, which is ultimately going to result in me being R5000 out of pocket.<br> <br> ABSA does not seem too concerned or too much in a hurry to get this issue sorted out and can also not tell me anything about what will happen to the fees levied for immediate Internet transfers.<br> <br> Absolutely shocked at the service I have received from on of our largest commercial banks and a bank that I have been with for many years now. Perhaps time to take my business elsewhere. <br> <br>