bM
banele M

1 reviews | Active since Oct 2021

11 Oct 2021, 12:45

cancellation of Eft payment to FNB account

Hi, my name is Banele, on the 7th of October 2021 I made a normal transfer of funds to an FNB account as payment to a seller who was selling me a car. After doing the transfer and the seller realized the money did not reflect immediately in their account and went ballistic saying that I rather cancel the transfer and call off the deal . I immediately (within an hour of transfer) went to a capitec branch to request that the transfer be cancelled. At capitec I was told to get an affidavit and a case number from the police station to enable them to attempt to process the cancellation/ reversal of funds, which I did and submitted back to the branch same day. I was then told that my request was being handled by the bank`s forensics and they will call me to inform me of the progress. On the 11th October I tried calling capitec since they had not called me to make a follow up and I was told that the matter is with forensics and they are unable to give me any feedback and so I have to wait for the call from forensics. I am in a panic suspense because I do not know whether capitec was able to hold the money from going into the other account or at least be informed that I will be get back my money because as it is I am in the dark. please help

0
Replies (2)
Capitec Bank
Capitec Bank's reply11 Oct 2021, 13:03
Official
Good day Banele

We acknowledge receipt of your query and have assigned your matter to a designated official. 

You will receive further contact within the next business day. 

Kind regards 
Capitec Bank
bM
banele M's update12 Oct 2021, 17:34
Reviewer Update
I got an email this morning (12th October 2021 advising that I need to call capitec to get feedback to my logged complaint. The feedback was to tell me that my case is with the forensics department, which I fail to understand to how is that feedback? I was told that my case was given to forensics long before I even laid my complaint. What I want to know is how far has the forensics investigation gone as I requested for the cancellation on the 7th? today is the 12th October, my bank account has been put on hold, no one tells me as whether or not they are processing the cancellation, all I was told is they are investigating.
This is a R48 000 transaction, can someone please give me a status update of the case, for all I know the money could have long been deposited to the other account and used already, whilst capitec is not telling me anything tangible.