1 reviews | Active since Jul 2016
Too many unauthorized debit orders at Capitec
I have been having numerous unauthorized debit orders of 105 rands with different names most of them in the month of August 2024. I have reversed them and each time I reverse a debit order, another one crops up with a different name. This makes it scary to bank with a bank like this that does not seem to have controls on debit orsers. I have an account with Standard Bank which is my main bank and I don't experience this. Why do ****mers love Capitec so much? To make matters worse Capitec charges 5rand for each reversal. This means if this happens to 1 million clients, caputec would have made 5 million rands just through debit order reveral of these unauthorized debit orders. It won't be far fetched to suggest that perhaps this could be an i side job right there at capitec. Capitec must reveal to us how much money they are making through these reversals. I don't advise people to choose Capitec. There are safer options around such as Standard Bank, Time Bank etc. This bank does not keep your money safe!
