1 reviews | Active since Sept 2015
High Risk Capitec banking App
I sent money via app, 30 Sep. 2022, R586.00 to someone. I used cell number, initial and name. All the information was saved and was under the impression that the money will go to a different person. My surprise here, is how the bank fail to match a cell number to customer? Why is doesn't reject if the registered number on Capitec's system does not match the name entered? I was told once the number exist and link to the customer payment will go through. It doesn't matter whether it's a wrong person. What kind of risk is this? Why your system does not reject if information, name added as beneficiary does not match the number on your system? When I asked, I was told a as the number exists on the system, payment will go through. It doesn't matter whether the name is infact for that number. I am still shocked. I never expected this kind of negligence in the part of the bank that claim best customer service. As long as Capitec benefit on the transaction, it doesn't matter. The Consultant I spoke to told me to go to Court as this is a civil matter, and the bank is not involved. Clearly they can see that the name is different from the number and this was a genuine mistake and they should help recover that money. I was told I am on my own here. It's my loss. I don't believe such attitude exists in the banking sector. How many people are falling victims due to lack of control on your system?
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
