1 reviews | Active since Sept 2016

29 Sept 2016, 08:26

Cheque ''Special'' Clearance

<p>Good day,</p> <p> </p> <p>I deposited a cheque into my Capitec Savings account on Monday 19 September 2016. Today, 29 September, the funds have still not cleared. This is after I requested Special clearance and also paid the fee for said Special clearance. I was informed that clearance could take 6-10 working days, but today, being the 8th WORKING DAY, I find it disturbing that the funds have nnot cleared.... When I query this with any Capitec employee, I am simply told to ''wait another day''. </p> <p>I am strongly considering going back to my old bank. Why are other banks able to release funds within 48 hours with Special clearance, but it takes Capitec 10 days? </p> <p> </p> <p>Sincerely, </p> <p>Not Impressed.</p>

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Replies (2)
Capitec Bank
Capitec Bank's reply29 Sept 2016, 10:10
Official

I acknowledge your posting, and have referred it to Robin Klein for immediate attention.

Feedback will be provided within 3 working days, and I trust that this situation will be resolved to your satisfaction.

Complaint Management

Capitec Bank

's update30 Sept 2016, 12:32
Reviewer Update

It is now the 9th working day, and still nothing. No clearnace of the funds, and not a word from Capitec, even though it was indicated by your post above that this matter was being given immediate attention.