LW
Lynette W

1 reviews | Active since Dec 2019

03 Dec 2019, 12:04

Complaint

I have an investment with Absa of R155000 which matures on 12 June 2020. I wanted to redeem a portion of the amount to use for final touches on the house that is being built. I was told to rather take out a loan as the bank cannot redeem the investment. The effect of this is that it is going to cost me interest while I have the money in the bank. The essence of this is that Absa will rather put it's clients in debt than to help them

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Replies (1)
Absa
Absa's reply03 Dec 2019, 13:58
Official
Dear Lynette Thank you for bringing this unfortunate matter to my attention and please accept my sincere apology. I will review and provide you with my specific contact details as well as your unique complaint reference number, and an expected timeframe for further update/ feedback via email or making contact with you telephonically. Looking forward to being of service to you.  Kind regardsNthabiseng SibandeCustomer Value ManagementAbsa Bank Ltd