VW
Val W

1 reviews | Active since Oct 2024

21 Oct 2024, 10:33

Capitec ***** Department

My husband sold his vehicle on Thursday 17/10/2024 to someone who is also banks with Capitec. This guy made the payment to my husbands account and an hour later my husband received an email stating that the funds he received was related to suspected *****. The money reflected in my husband account and was taken out. It is Monday today. My husband and the guy that bought his car has been send from pillar to post, making numerous calls and still all that Capitec staff are saying is that there is no number to contact the ***** department, only emails can be sent. They were told to get affidavits, copy of there ID and pop to be attached. All this was done and still no solution to the problem. The money is out of the buyers account and out of my husbands account, basically hanging in the air. They can quickly mark something as ***** when it was not even ***** but it is a major issue to resolve the situation because no one is even trained at Capitec on how to help with the issue. All they keep saying is there is nothing they can do but that my husband and and this guy needs to wait till the emails are read. It is ridiculous. Financially and emotionally this is draining and costing my husband lots of money. Its affecting his business as well and leaving the buyer in a tight spot as he needs transport urgently. Up until today no one has helped and no one can advise how this can be resolved but we will definitely be reporting this to the Ombudsman as well

0
Replies (2)
Capitec Bank
Capitec Bank's reply21 Oct 2024, 11:40
Official
Good day Val, 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.
VW
Val W's update22 Oct 2024, 14:56
Reviewer Update
Still no one contacted my husband. Today he had to go to the branch once again as this is what he was told to do when he phoned today. He went into the branch and was told the money will be released in the next 4 hours. Its 4 hours later. He calls in and his told it takes 21 days to review a *****ulent case when this is not ***** at all. It is affecting his daily life and hus business and there is no sense of urgency. This is ridiculous because every time you speak to a consultant each one has a different story but there is just no proper feedback as to why its taking so long to release his money. This is so unfair and so frustrating