YW
Yvonne W

1 reviews | Active since Oct 2013

06 Aug 2015, 18:05

Bad service

I handed all the documents for my father in law's estate to them on the 26th of March 2014. I personally changed all the debit orders, rent agreement and paid all the accounts. <br> Absa had to do the following:<br> - Open an account in the name of the estate,<br> - Transfer his Absa and Old Mutual investments to that account<br> - Place the neccessary adverti*****ts<br> - Obtain tax clearance (he wasn't registered because his income was to low)<br> - Submit a liquidation and distribution account to the Master<br> I complained about the bad service on the 18th of May 2015, and immediately received an apology. The last I heard from them was on the 22nd of June 2015 where they attached a letter from old Mutual informing Absa that the funds would only be paid out in 5 working days. Absa informed me that I would be advised as soon as they receive a response. My poor mother in law has been waiting so long for her money. Due to the simplicity of this estate, it should have been finalised a long time ago. This bad service has caused me a lot of anger and frustration and I will definitely advise everybody not to use ABSA as the executor of their estate.

0
Replies (1)
Absa
Absa's reply07 Aug 2015, 11:49
Official
Hello welmay,


Dear Customer

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

Kind regards
Vanessa Crowe
Group Customer Care
Absa Bank Ltd

Best regards,