kG
kevin G

1 reviews | Active since Sept 2014

29 Jan 2021, 09:44

incorrect interest payout

Once again there is a problem with the interest on my fixed deposit, the second time in 6 months. I invested in a 60 month f/d, interest to be paid bi-annually. I received my 6 monthly payout correctly in December 2020 however to my astonishment I was paid out the monthly Interest for January 2021 on 22 Jan. This is to me detriment as I will not benefit from compound interest and anyway it was not what I signed up for. Please rectify this asap.

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Replies (1)
kG
kevin G's update01 Mar 2021, 11:04
Reviewer Update
I hope that I won't have to have any further dealings with you people again for the next 4 years which is the remaining term of my fixed deposit. It wasn't he biggest mistake I made to invest for 60 months with your bank. The interest rate is not worth the stress and incompetence.