TH
Themba H

1 reviews | Active since Dec 2020

22 Nov 2025, 08:35

Capitec, how difficult can Debit order reversal be in 2025

On Saturday the 15th of November 2025, I woke up (around 6:30 am) to a *****ulent debit order of R5692.50 on my Capitec account. Immediately I telephonically contacted the bank upon which I was told that the bank doesn't handle such issues on the phone, I had to go to the nearest walk-in branch. Further more, I was told to contact the company that had effected the debit order, which I immediately did after the bank call. Surprise, surprise the company that issued the debit order is a 3rd party to another company that I supposedly authorised to debit my account. Frustrated, I found my way to Festival Mall Capitec in Kempton Park, within the first hour of bank opening hours, where I requested a seemingly simple reversal of the debit order. My frustrations were multip**** as I was sent from pillar to post and they seemed not to know what to do even though the lady supervisor/manager sent some forms & my affidavit to their ***** department with a promise they'll get back to me. I'm still waiting for the ***** department to get back to me, more than a week later. The debit order has still not been reversed, without comparing, this reversal wouldn't have taken 5 mins with my previous bank hence I'm now kicking myself for moving to Capitec. If this is how Capitec operates, like a community stokvel, I think it makes sense to take my business to a professional bank that listens to its clients than ******** business partners.

0
Replies (3)
Capitec Bank
Capitec Bank's reply22 Nov 2025, 10:40
Official
Good day Client 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.
TH
Themba H's update24 Nov 2025, 10:49
Reviewer Update
My horror experience/ nightmare seems to have been taken a notch higher. Capitec is telling me to go negotiate with the ********s who debited my account so that they may give me back my money. They say that's their bank's stand on the matter and they are not going to reverse the debit order or entertain my case. They even call these ********s merchants an irony of it is they are defending them, telling me to take up th matter with the Ombudsman. Is Capitec or someone in Capitec deliberately opening up our bank accounts to cyber ********s? How does a bank like Capitec advise it's clients to go and negotiate with Cyber ********s when there's definitely a breach in security? The most sensible thing would have been to investigate how the debit order was authorised without the accoun holder's permission. The arrogance of Nokulunga, from complaince dept, is on another level... I was left wondering why she'd defend an obvious *****ulent act to such extent. All I can say is, Capitec clients be careful, be aware there may be debit orders coming off your accounts, the bank will not help you there as per bank policy, I was told .

I guess my fight just began and I'll not rest until the bank does the right thing by its clients and stops defending & promoting cyber ********ity/********s.
Capitec Bank
Capitec Bank's reply24 Nov 2025, 11:01
Official
 Hello Mr Tayiya Hlophe 
We regret that we were unable to resolve your matter, and hope that our explanation has provided you with clarity. 
Once again, we sincerely apologise for any inconvenience the matter may have caused you. 
Kind regards 
Capitec Bank