1 reviews | Active since Mar 2025
Unauthorised DebiCheck deduction and Regulatory Compliance Concerns
An unauthorised DebiCheck payment of over R9 000 was processed against my account without my approval. This deduction was not authorised by me, yet the amount has still not been reversed despite the matter being raised with the bank. I would also like clarity on who authorised this DebiCheck instruction, as no consent was provided by me. The lack of urgency and resolution is extremely concerning, especially given the regulatory requirements around DebiCheck authorisation and customer protection. This situation seriously makes me question African Bank’s compliance with regulatory requirements and how these processes are being monitored and regulated. I would like African Bank to urgently investigate this matter, provide a clear explanation as to how the deduction was allowed, confirm who initiated and authorised it, and process an immediate reversal of the funds.
We hope to talk to you soon.
Your African Bank Support Specialist team
We hope to talk to you soon.
Your African Bank Support Specialist team
Talk to you soon.
Your African Bank Support Specialist team
***
Talk to you soon.
Your African Bank Support Specialist team
***
An unauthorised debit was processed from my account and transferred into an African Bank account without my consent. This is extremely serious and raises concerns about how African Bank is handling customer funds. From my perspective, this amounts to *****ulent conduct.
At any other bank in South Africa, a debit order reversal request is typically processed within 24 hours. The fact that this matter has remained unresolved for nearly two weeks is unacceptable.
It is also concerning that several African Bank staff members appear to lack a clear understanding of compliance requirements and how DebiCheck authorisations work. A DebiCheck debit order requires explicit customer authentication and approval, which did not occur in this instance.
This situation makes one question how safe one’s money is when it is held in or transferred to an African Bank account.
I again request that the unauthorised debit be reversed immediately and that written confirmation be provided once this has been done.
An unauthorised debit was processed from my account and transferred into an African Bank account without my consent. This is extremely serious and raises concerns about how African Bank is handling customer funds. From my perspective, this amounts to *****ulent conduct.
At any other bank in South Africa, a debit order reversal request is typically processed within 24 hours. The fact that this matter has remained unresolved for nearly two weeks is unacceptable.
It is also concerning that several African Bank staff members appear to lack a clear understanding of compliance requirements and how DebiCheck authorisations work. A DebiCheck debit order requires explicit customer authentication and approval, which did not occur in this instance.
This situation makes one question how safe one’s money is when it is held in or transferred to an African Bank account.
I again request that the unauthorised debit be reversed immediately and that written confirmation be provided once this has been done.
We hope to talk to you soon.
Your African Bank Support Specialist team
We hope to talk to you soon.
Your African Bank Support Specialist team
Your African Bank Support Specialist team
Your African Bank Support Specialist team
