SM
Siwongiwe M

1 reviews | Active since Aug 2023

21 Oct 2023, 17:46

Blocked my account for no reason, poor customer service

I am writing to express my frustration and disappointment with the recent blocking of my bank account without any reason or explanation. This has caused me significant inconvenience and financial hardship, as I am unable to access my funds or make any transactions.

I have attempted to contact the bank directly to resolve this issue, but have not received any satisfactory response or explanation. As such, I am now submitting a complaint to the Consumer Financial Protection Bureau (CFPB) in the hopes of resolving this matter as soon as possible.

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SM
Siwongiwe M's update24 Oct 2023, 16:47
Reviewer Update


Dear Capitec Bank

I am writing to express my frustration and disappointment with the continued block on my account. Despite my repeated attempts to resolve the issue, my account remains blocked, and I have been unable to access my funds.

I initially contacted your customer service team to report the block on my account. I was informed that the block was due to suspicious activity, but I was not provided with any further information or documentation to support this claim.

I have been a loyal customer of your bank for years, and I have always maintained a good standing with your institution. I am therefore extremely disappointed that my account has been blocked without any clear explanation or justification.

I request that you immediately unblock my account and provide me with a clear explanation of why it was blocked in the first place.

If I do not receive a satisfactory response from your team, I will be forced to escalate this matter to the Banking Ombudsman and file a formal complaint against your bank.

I hope that we can resolve this matter amicably and without any further delay.

Sincerely,

Siwongiwe