NM
Nkhensani M

1 reviews | Active since Oct 2015

19 Dec 2017, 07:44

30 days to Refund R300?

I went to Woodmead capitec ATM which rejected my card twice when I tried to withdraw. I then decided to try an external ATM as I urgently needed funds. The also cancelled my transaction after I entered the pin and chose an amount. However capitec sent me an sms saying I withdrew the R300 and my balance depleted by R300 However I never received the money. I stood by the ATM machine and phoned Capitec 24 hour call center. They kept me on hold for couple of minutes only to come and tell me that I would wait 24hrs to 30 days for “investigations”. I then asked how it can take 30 days to investigate that I never received R300 when I have the receipt in my hand that clearly states “transaction cancelled”? Other banks reverse the money immediately if the ATM does not release funds. Why in the world should I have to wait 30 days? I’m so disappointed in Capitec. No regard for efficiency to loyal customers at all. I want my R300 back ASAP please! I was asked to if I wanted a reference number for the inquiry. I said yes send it to my cell phone number. a day later I am still waiting for the sms. This is really pathetic.

0
Replies (1)
Capitec Bank
Capitec Bank's reply19 Dec 2017, 09:42
Official

I regret to hear of your negative experience, please allow us the opportunity to investigate this matter in depth.

Syndora Smith will take ownership of this investigation and will provide you with feedback within the next 5 working days. I trust that the matter will be resolved to your satisfaction.

Complaint Management

Capitec Bank