1 reviews | Active since Feb 2014
Capitec was never ready for Business Banking
I have been more than patient with Capitec Business . I have business accounts with other Banks and never experience such
I opened a Business account with Capitec last year October , received the card and never activated it because I had not yet started operating the business . On the 18th of March 2023 I went to the Capitec Festival mall branch to ask what can I do if I now want to use my account , I was given a phone to call the Business banking department as the branch does not deal with such . I spoke to Cosmos Baartman who advised that the account was dormant and I needed to make a payment of R410. I then asked if he can send me an email with my account number , He did
He also advised that I should send the money from a 3rd party bank and not from my Capitec account and I advised that I will do so when I get home and use my husband's Tyme Bank
As I put the phone down , the ladies at the branch ask for feedback ,they advise me that there is no such , I can transfer from my Capitec account to this dormant account
On the email I received from Cosmos ,there were 3 account numbers , I assumed they were all the same so I just copied the first one , did the transfer and sent POP
Following day I call to ask for update , I am told that the account I sent to wasn't mine and for the reversal I will incur R170 charge and I said I will not pay no such amount because I was given the account number by a Capitec personnel
Cosmos called me and apologised , advised that he spoke to the account holder of that account , they will do the reversal and I should get DocuSign documents same day , I received them on the 20th and I signed immediately.
I have been on a call now with Capitec Business division for more than 30 minutes because I am told I must take up my matter with Cosmos , my account is still dormant
I have clients who want to make payment and I cannot operate like this without an account as my business is online
I have screenshots of the email and screens
WHAT SHOULD I DO CAPITEC ????????
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
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
