SM
Sibabalwe M

1 reviews | Active since Nov 2023

28 Nov 2023, 23:58

Unauthorized transactions allowed by bank. The bank refused to return my money.

An unauthorized transaction was approved on my account on the 25th of October without my knowledge and the people at Capitec said they couldn't investigate the transaction and that they wouldn't return my money. I kept calling and sending them messages and they kept telling me that the money was gone and wouldn't explain why their ***** insurance couldn't pay it back. I am leaving this bank as I have seen firsthand that they don't care about the safety of customer funds and they also dont care about providing proper feedback. All communications with them were initiated by me, nothing from their side. They allowed 3 unauthorised transactions to be conducted and still had the audacity to say that it was because I allowed people to use my card. Useless bank at this point.

The transaction happened on the 25, it was posted on the 28th yet the bank says they couldn't reverse the transaction! How?!

0
Replies (2)
Capitec Bank
Capitec Bank's reply29 Nov 2023, 09:35
Official
Good day Sibabalwe  

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
SM
Sibabalwe M's update30 Nov 2023, 18:13
Reviewer Update
Hi. I haven't been contacted by anyone from the bank and my money's still not showing on my account. You said you would contact me within the next business day. On the 29th and today the 30th, I never received a call regarding this matter.
Are you even going to assist me as my bank? I feel as if my issue isnt being taken seriously