FM
Fredah M

1 reviews | Active since Jul 2018

26 Jul 2018, 12:06

Ridiculous Bank Interest Charges

I had a terribly bad experience with absa,I was retrenched 3 months ago,and for the past 2 months my few debit orders were unpaid,only to find out absa has changed me R938.19 for upaid debit orders of R600.00,when I call and ask them they tell me they charge R151.00 per unpaid debit order,I find it very ridiculous for a bank to charge R151.00 for a R18.00 debit order how much interest is that,is it even legal for them to charge that kind of an interest?I am very disappointed with absa and I want other clients to know about this *******,I am going to close down my account with them .

0
Replies (1)
Absa
Absa's reply26 Jul 2018, 21:29
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