JM
Julius M

1 reviews | Active since Jul 2018

20 Jul 2024, 10:45

Capitec frozen account issues!

I was truly shocked by Capitec bank putting a freeze on my bank account for a absolute stupid reason. Someone residing in another province contacted me via Facebook marketplace because of a router I was selling. He asked if I could send it to him via Pudo to which I agreed. He deposited R300 into my capitec account as payment. I deleted my ad on marketplace which also then deletes any messages linked to that ad. I only had the person's name and nothing else. So i had no way of contacting him. I hoped that he would conrtact me as time went by but nothing. I even contacted Standard bank which is the bank from which he paid me and asked for any details that could help me get in touch with him. Long story short, after a long search i finaly got in touch with him and expained what happened and asked for his bank details so i could refund his money. Which i did. My disgust with Capitec is that i wasnt notified about any of this in any way. No sms, no email, no phone call nothing. I became aware of my account being frozen when i opened my app and saw there wasnt any cards or accounts linked. So i contacted capitec who confirmed ***** investigation against my account. Insane. Without any evidence or facts of the situation, they simply froze my account.so I got an affidavit at police station nd my proof of payment of the refund and went into my local branch where everything was logged. I received an sms from capitec stating that my request has been completed but still dont have my account active. Its been a week already and i need my account back as i cannot do anything or buy anything. This is not a joke at all. They are messing with peoples lives here without having any proof or letting us know whats happening. Absolutely rediculous!! I want to know when my account will be active again asap!!!

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Replies (3)
Capitec Bank
Capitec Bank's reply20 Jul 2024, 11:15
Official
Good day Julius 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
JM
Julius M's update20 Jul 2024, 12:18
Reviewer Update
To make matters worse, i have now been told that because this was instituted by the other person's bank which is Standard bank, an investigation has to be conducted which typicaly take 21 working days!!! I have contacted the person now that started all this and asked him to contact Standard bank and stop this. Hopefully that can be done. But this whole thing has been totaly unneccesary and is putting me and my family in a dire situation as we cannot buy anything!! This country really is a joke!! Real ********s walk the streets and live lavish lives while everyday law abiding citizens gets shafted. Insane
JM
Julius M's update21 Jul 2024, 16:32
Reviewer Update
Im done with Capitec! After giving them everything they required plus the person accusing me of this so called ***** sending Standard bank an affidavit stating he got a refund, im being told this will take 21 working days to resolve!! My family must go hugry because of a false acusation!!! Absolutely useless bank and incomprehensable that they can simply freeze your account and livelyhood bacause of an unfouned accusation!!! Unreal!!