SM
Sino M

1 reviews | Active since Sept 2023

17 Jan 2024, 11:34

Capitec Bank is a failed project

Capitec bank is as useless as they come. They don't even deserve the 1 star. Capitec has up to date did not release my late brother's funds to the account of the deceased's executor. Firstly, they refused to give the executor the full bank statement of the deceased claiming that they can't issue the statement without a court order but other banks that the deceased used never requested that they issued the bank statements without any hustle. They requested a letter of executorship amongst other documents before releasing the funds. These were submitted on the 20th of December 2023 after which they said money will be released and it shall reflect in the bank's executor after 48 hours. 48 hours passed, went to the bank again only to be told that they made a mistake we should wait for 7 to 14 business days, that has passed and still the funds are not released. The executor went to the bank today, she was told to call this number ***, which apparently assists with the deceased enquiries. She then asked them, at the bank, to call and there was still no answer, claiming high call volume. I personally have tried to call this number several times since Monday without success. The branch manager as Capitec Bank Bree Street Johannesburg said there's nothing she can do. What can one do from here on regarding this? Capitec is such a failed project.

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Replies (2)
Capitec Bank
Capitec Bank's reply17 Jan 2024, 11:39
Official
Good day Sino thank you for letting us know of your concern, and for your patience while we explore this matter. We have assigned your query to a designated official who will contact you within the next business day. Kind regards Capitec Bank
SM
Sino M's update17 Jan 2024, 15:35
Reviewer Update
For once please Just do the right thing. It's very annoying that we have to write reviews on platforms like this just to get your attention and assistance for simply things. Your incompetence is really appalling. I will be waiting for your response, if not I will take further steps.