fB
faeez B

1 reviews | Active since Jul 2014

28 Jan 2020, 10:48

Capitec - Trace Funds

So I sent money to a Standard Bank account on the 24/01/2020 via my bank app and the recepient still has not received the funds. I send money to this same bank account every month and the funds is transferred immediately every month. I was told that I need to pay R150 for the money to be recalled and this can take up to 14 working days. Why do I need to pay for my own money? I don't understand that? I'm so disappointed in this bank that my money that I work extremely hard for cannot be traced? Why do I have to wait for my money from a bank that I have trusted and has failed to protect my assets? I don't think this is fair as I do not have an extra R3200.00 to pay and wait for my money to transferred back into my account. I am seriously considering moving banks. I honestly need this money to be traced and I cannot wait for 14 working days for my own money.

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Replies (3)
Capitec Bank
Capitec Bank's reply28 Jan 2020, 12:36
Official
Please accept my sincere apology for the frustration you experienced as result of this incident. 

Complaint Management will take ownership of this investigation and will provide you with feedback within the next five working days.  I trust that the matter will be resolved to your satisfaction. 

Kind regards
Capitec Bank

Best regards,

fB
faeez B's update28 Jan 2020, 14:47
Reviewer Update
Hi,

I'm really sorry but I am in no position to wait for 5 days for my own money. I need this sorted within the next 24 hours.
Capitec Bank
Capitec Bank's reply30 Jan 2020, 09:42
Official
Hi Faeez

The funds were credited 28th January 2020, we have made numerous attempts to contact you in this regard. You may respond to our email.

Kind regards
Capitec Bank

Best regards,