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Philip N

1 reviews | Active since Sept 2025

11 Sept 2025, 16:03

Capitec Business Account Dormancy

I tried to make a payment.

Then the payment failed and said my business account got put into a "dormant" state, I need to call support.

Then I had to verify my identity verbally, approve on the mobile app and type 5 things into a secure message JUST TO GET ACCESS TO MY OWN MONEY WHICH I PAY MONTHLY BANKING FEES FOR

In what world do you take a customer's money for the ability to have an account and then disable the account?

This account dormancy is one of the stupidest implementations I've ever heard of.

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Replies (1)
Capitec Bank
Capitec Bank's reply11 Sept 2025, 16:36
Official
Good day Philip, 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