JR
John R

1 reviews | Active since Dec 2020

01 Dec 2020, 15:09

Mercantile Bank is Wide Open to ********** Foreign Transactions

Do not bank with Metcantile Bank. They are a bunch of amateurs & haven't a clue about what they are doing. Can you believe their ***** department only works normal business hours! They don't even work over weekends! All the other banks are proactive when it comes to ********** foreign transactions and work 24/7 but not Mercantile. No alarms bells ring when clearly ********** foreign transactions take place and then it takes them 45 days to investigate the *****. Meanwhile they tried to lay the blame at my feet (eg you gave your PIN to someone or pressed your agreement to an OTP). Bulldust all of it. I had to threaten them with an attorney's letter of demand before they agreed to refund me. Stay well clear of them.

0
Replies (2)
Capitec Bank
Capitec Bank's reply01 Dec 2020, 15:46
Official
Good day Mr. John Rupert


We acknowledge receipt of your complaint and advise that we are currently investigating the matter. 

We will provide you with an update in this regard.
 
 Regards

 The Mercantile Bank Team

 

JR
John R's update01 Dec 2020, 16:19
Reviewer Update
I suggest you speak to Mrs Natisha Lazarus, the head of your business banking division. She undertook to send me an apology letter before close of business today but, of course, nothing has been forthcoming. That is the kind of service you offer - rather NO SERVICE