RN
Razaak Noor-Mahomed

1 reviews | Active since Mar 2009

09 Sept 2015, 14:38

Account frozen - no contact from bank!!

My ABSA business account was frozen recently due to non-compliance with FICA.<br> <br> I noticed that I could not make payments from my ABSA business account. A message was issued stating that it could not verify. After a bit of research it turned out that the account had been frozen because the bank required docs for FICA verification.<br> <br> Does the bank routinely just freeze accounts like this? They have phone numbers - could they not have called me<br> to request the docs before taking such drastic action? If debit orders do not go through, are they going to take responsibility for the charges incurred?<br> <br> I called the call centre and was told that I need to go into a branch. Went to a branch and was told that they do not do FICA for business. Went to a large branch near my work site and was asked to get in touch with the branch where the account is held<br> <br> I am so angry: the account has been in operation since 1997 and all my business transactions take place from there. I'm paying all their charges on a monthly basis without fail. And this is the level of service(?) that I get?<br> <br> I will be shopping around to switch this account to another service provider...

0
Replies (1)
Absa
Absa's reply10 Sept 2015, 10:14
Official
Hello razaak,

Dear Customer

Thank you for bringing this matter to our attention. We will investigate the matter and furnish feedback shortly.

Kind regards

Daphne Le Grange

Group Customer Care

Absa Bank Ltd