BV
Byron V

1 reviews | Active since Jul 2015

15 Jul 2015, 10:37

Incread overdraft application

I asked Penny, Client Consultant - Musgrave, if I could increase my overdraft to it's original limit of R50000.00. Notwithstanding the fact that my overdraft limit is secured by an endowment policy many-fold!?! She rep**** that my application would be considered once I had produced 3 months bank statements. I thought this odd seeing that said bank statements originate from absa anyway? I thought it especially odd seeing that the previous consultant, Eliana, on said basis and aforementioned security, plus a sound account, didn't require any further documentation whatsoever. She said the recommendation stems from the client's branch and the 'powers that be' respond accordingly.<br> In fact she informed me that such applications depend entirely upon the recommendations of the consultant concerned. In her case my application to increase my overdraft limit to R50000, on a diminishing balance some was approved almost immediately! Hence, I'm in a slight quandary with regard to Penny's treatment in this regard. Absa's response would be esteemed a favour. My direct contact number is ***. <br>

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Replies (1)
Absa
Absa's reply15 Jul 2015, 11:34
Official
Hello byronventer,


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

Kind regards
Claudette Lewis
Group Customer Care
Absa Bank Ltd

Best regards,