1 reviews | Active since Feb 2022
Payment not received after clearing with Forex
After so Many years with Capital -- I am one of the most Disappointed customer -- I do public speaking in the I.T space and most of my Sessions are with Overseas based companies -- Last year I had a Public speak session with a company based in Asia, The company later paid my invoice into my bank Capitec -- So as this was an International payment, the funds were blocked and held by the bank, as this was an unusual payment -- after 3weeks of pestering the company telling them that I have not received the Payment, I got a call from a Lady from Capitol Forex and she told me about the funds and I confirmed that I am expecting the cash and she confirmed on the call that the funds are now cleared and will reflect on my account -- 3 days went and nothing was in my account -- I went to capitec and explained everything however as it was on a weekend I was told the Forex Department is not available on weekends -- I was told to come on Monday -- I then came back during the week on a Monday and I was then told that there was a glitch with the system when clearing my funds and now the funds have been sent back to the Payer/Company -- almost 3 weeks later after logging a complaint -- Capitec then came back to me to let me know that the funds are sent back to the Company -- Now the company was only set-up to do a once off event for December and now am not able to get through to anyone in the Company to ask them to repay the funds -- I am disappointed because I was planning to have a great Christmas with my family on those funds and Capitec withheld the funds and contacted me 3weeks later, and still after clearing the funds somehow the funds were sent back -- and Capitec can't even assist me with contacting the payer to get them to repay -- So basically capitec has made my business unprofitable as I've worked but through my bank I couldn't get access to my Money -- This is sad and would like to lodge further complaints and advise people to be aware of the negligence caused here so it doesnt happen to other People -- we work hard to get public speaking sessions and to earn a payment and the banks to acknowledge that
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
