BP
Byron P

1 reviews | Active since Apr 2013

20 Jan 2017, 12:32

ABSA Unilaterally Changed my Bond Term. Still ongoing.

<p>I have a primary bond (over 20 years) with ABSA and then decided took out a second bond with ABSA over 7 years.</p> <p> </p> <p>Naturally the primary bond had to remain unchanged. ABSA went and unilateraly changed the term of my primary bond from 20 years to 7 years! Effectivly increasing my payment by 33% without my knowledge nor consent!</p> <p> </p> <p>I have had a complaint logged with ABSA complaints reference number is : ********** </p> <p>They cannot correct your error.</p> <p>I spoke to the branch manager he's asked that my wife and I come in to the brach with our IDs to correct your mistake???</p> <p> </p> <p>You have changed a contract impacting me financially and want me to fix it for you. Please have this corrected IMMEDIATELY. My next course action will be to take this matter to the banking ombudsman.</p> <p> </p> <p>I need the additional amount you're effectivly ****** from my account to be deducted from my next bond payment.</p> <p> </p> <p>I need an im****ate reponse from someone senior, that is capable of handling my complaint.</p>

0
Replies (3)
Absa
Absa's reply20 Jan 2017, 15:30
Official

Dear Byron

Thank you for bringing this matter to our attention. We will investigate the matter and furnish feedback shortly. Matter is being dealt with by one of our case managers and they will get back to you sooner.

Apologies for the inconvenience.

Kind regards
Nthabiseng Sibande
Group Customer Care
Absa Bank Ltd

BP
Byron P's update23 Jan 2017, 16:47
Reviewer Update

I have still not heard from ABSA????

What is going on??

Absa
Absa's reply24 Jan 2017, 09:05
Official

Dear Byron

Thank you for bringing this matter to our attention. Vijay Narain is busy with your matter and his contact number is *** . I have asked that he make contact with you

Kind regards
Nthabiseng Sibande
Group Customer Care
Absa Bank Ltd