1 reviews | Active since Apr 2018
A month delay in a simple return of funds transaction
On 3rd of March 2018 money was paid to Allan Gray Offs**** account to be invested. They rejected the transaction and rep**** that the money was actioned to be returned to source on the 6th of March 2018. It is now the 6th of April 2018 and the money is still not paid back to the source. I've had several attempts to resolve the issue but only get technical jabber that the banks are trying to trace the money but are unsuccessful in their attempts. I get told to phone my bank, their bank and the settlement banks to resolve their administration issues. It is impossible to speak to someone that has the authority to resolve the issue. Every persone at Allan Gray I've spoken to assured me they give world-class service and my experience is unacceptable but they can unfortunately not help me. What does it take to get Allan Gray to just do their job. I trusted them for 13 years with my investments just so they disrespect in this way...
Dear Jakes van Rensburg
Thank you for raising your concerns regarding the return to source of the funds paid to Allan Gray.
As discussed in our recent conversation, the receiving bank confirmed that they were in receipt of the funds since it was returned to source on 09 March 2018. Following our subsequent discussion with the receiving bank today, they have confirmed that they would liaise with the bank account holder regarding the delay in the funds reflecting.
We regret that you have been inconvenienced despite our efforts to assist with resolving the matter. We hope that our involvement in ensuring that the receiving bank located the funds will help restore your faith and trust in us.
Yours sincerely
Aviwe Ndlwana | Client Relationship Manager
Dear Jakes van Rensburg
Thank you for raising your concerns regarding the return to source of the funds paid to Allan Gray.
As discussed in our recent conversation, the receiving bank confirmed that they were in receipt of the funds since it was returned to source on 09 March 2018. Following our subsequent discussion with the receiving bank today, they have confirmed that they would liaise with the bank account holder regarding the delay in the funds reflecting.
We regret that you have been inconvenienced despite our efforts to assist with resolving the matter. We hope that our involvement in ensuring that the receiving bank located the funds will help restore your faith and trust in us.
Yours sincerely
Aviwe Ndlwana | Client Relationship Manager
