PH
Philip H

1 reviews | Active since Nov 2023

07 Nov 2023, 12:03

Capitec Forex sucks

Capitec bank as a retail bank is fine. BUT their Forex service is non existent and frustrating. I was never told that it would take 5-7 business days to clear vs Standard bank that took less than 48hrs. When asked what's the hold up, I was told that Capitec use an intermediary bank and that they can't track or contact that bank to trace my payment. It's been 6 capitec business days since payment was sent and to date no one at capitec can help. Not their email line, phone line or bank personel can be if any assistance - absolutely ****** useless the lot. Rather stick to bankibg the unbankable and leave us who need professional bank services alone.

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Replies (2)
Capitec Bank
Capitec Bank's reply07 Nov 2023, 15:05
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
PH
Philip H's update07 Nov 2023, 15:17
Reviewer Update
This a non response, automatically generated. When you actually have something to say, post that response. It takes a real bank 24-48hrs to clear Forex with a standing order in place. I know because I've been doing that for the past 11yrs. Your system and protocols are pathetic