RW
Roscoe W

1 reviews | Active since Apr 2012

17 Jan 2018, 14:36

I want to downgrade my Private Banking

Hi, After receiving bad service from ABSA Private Banking on numerous times, I have finally decided to cancel my private banking status as it is nowhere near worth the money I spend on it. My banker is almost never available and therefore I try and call the private assist. I was told by one of the consultants that I should close a personal loan account inside the ABSA Commercial Bank. Last week I was again told that they cant help me with a problem I had with internet banking and said I must rather call the internet banking unit. I pay R420 per month in charges for private banking not to have to do this. Maybe I am misunderstanding what Private Banking should be doing for me, but this is not what my banker promised when I signed up for private banking. I am now trying to downgrade my ABSA account but my Banker nor consultants are assisting me. I have sent the regional manager for private banking Gauteng an email requesting assistance but have still not received a response. The commercial banks even told me that only Private Bank can downgrade my account. Could someone please assist me as a matter of urgency as I can no longer accept this poor service from ABSA Private Banking.

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Replies (2)
Absa
Absa's reply18 Jan 2018, 11:42
Official

Dear Roccoe

Thank you for bringing this matter to our attention.

We sincerely apologise on any inconvenience caused.

Kindly provide our office with a id number or account number to ensure effective investigation and feedback

Regards

Daphne Le Grange

RW
Roscoe W's update18 Jan 2018, 14:30
Reviewer Update
Hi Daphne, I spent almost an hour on the telephone with one of you ABSA consultants to downgrade my account... but at least she assisted me. Hopefully I am rid of ABSA private now. I will be moving my portfolio away from ABSA within the next month and closing the account. I feel disgusted by ABSA Private's services after being an ABSA client for over 20 years.