EB
Elzaan B

1 reviews | Active since Jan 2012

01 Nov 2018, 08:42

***** not handled in timely manner

On Saturday I noticed a ********** transaction on my account, within 5 minutes of receiving this notification i stopped my card and logged the *****.

The transaction was still in uncleared state so the transaction could have just been stopped on ABSA side, today I saw that the transaction was allowed to clear. Why would ABSA allow a transaction to clear if declared *****? I feel like ABSA does not care in this case if a person sits without the funds for weeks on end as i have seen similar complaints. Other South African banks reverse the transaction as soon as it is declared, why can ABSA not do the same.

It would be a lot easier to stop a transaction from occurring than to try and retrieve the funds. Oh and not to mention that no one at ABSA has acknowledge the receipt of the documents either.

0
Replies (1)
Absa
Absa's reply01 Nov 2018, 10:22
Official

Dear Customer

Thank you for bringing this matter to our attention. We will investigate the matter and provide feedback once the matter has been resolved.

Kind regards
Nthabiseng Sibande
Group Customer Care
Absa Bank Ltd

Best regards,