BJ
Brett J

1 reviews | Active since Aug 2012

15 Mar 2016, 06:48

Pay out of Money Back Life Policy

Nearly 20 years ago I went through a divorce. In order to pay my ex-wife her half of the profit from our house, I extended the bond with ABSA. In order to do this ABSA required that I have a life policy, so I signed up for a small money back policy. Now, after more that 20 years, I have cancelled the policy and need the surrender value paid out to me. ABSA want a copy of my ex-wife's ID document, but she left the country and has moved multiple times and is now living in Australia. Fortunately, we have a good relationship and she was more than happy to assist. However, she cannot find her old SA ID document - we informed ABSA Life of this fact, and they contacted her directly and asked her to sign a document and attach a copy of her Australian ID - which is her Aussie drivers license. An ABSA life representative did all of this and then asked me to please send the documentation to the [Email Removed] email address for processing. These guys wont pay out because they don't have a copy of her ID ?? I have explained that in Australia, the use their Divers License as an ID - but the retentions department want a copy of her ID... Where to from here???

0
Replies (1)
Absa
Absa's reply15 Mar 2016, 10:21
Official
Hello brettoj,

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