LD
Lana-dawn Dippenaar

1 reviews | Active since Jun 2018

15 Jan 2021, 06:11

Won't release funds from Australia

My husband opened a flexible savings under the name student account as he is busy studying and didn't want his money to be mixed up with his normal savings account. He received a gift amount from Australia but due to his flexible savings account name being "student account" and not his name, Capitec refuses to release the funds. The person from Australia cannot change the account name as the money has already left his account. My husband needs the funds in order to pay for his studies! This is very frustrating as he needs to pay for his studies before month end!

0
Replies (2)
Capitec Bank
Capitec Bank's reply15 Jan 2021, 07:16
Official
Good day Lana

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

LD
Lana-dawn Dippenaar's update18 Jan 2021, 09:14
Reviewer Update
Good Day,My husband went to Capitec bank and Capitec said no matter what the flexible savings account name is, my husband's name must be stated in the account.Also my husband had to give Capitec permission to send the money back to Australia and the person in Australia will resend the money with my husband's name. I HOPE THIS MONEY COMES THROUGH THIS TIME!