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Verushka N

1 reviews | Active since Dec 2014

30 Jan 2025, 10:34

Missing money from Discovery

I did a payment from my Discovery Bank account on the 24th of December 2024, but accidentally used the incorrect account number for my FNB credit card account. I have been on about 10 calls per bank, notifying them of the situation and following up. The incorrect bank account number that was used does not exist but the money never bounced back. If I didn't follow up with each bank, I would not hear from them. Discovery blames FNB and FNB blames Discovery. How can money just disappear? There are numerous procedures and services in place for situations like this. It's the 30th of January 2025, more than a month and there is no resolution, no urgency? A lot of money is just in the air and I have been patient, but I have officially run out of being nice and understanding. This is an extremely frustrating situation and nobody seems to want to make effort to search for the money. I can't keep liaising between banks, are they not suppose to communicate with each other while investigating this case? This is extremely poor and unprofessional.

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Replies (15)
Discovery Bank
Discovery Bank's reply31 Jan 2025, 10:38
Official
Hi Verushka 

We apologise for the experience that you have had. 

The latest feedback we have received as of 22 January 2025, is that our Payments team is awaiting feedback from the beneficiary bank. 
We have have sent a follow up email to our team, and are currently awaiting feedback. 

Please note that when we log a dispute, the case can take 30 to 90 days. 

Kind regards,
Mpho.
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Verushka N's update05 Feb 2025, 13:17
Reviewer Update
Hi,
Kindly UPDATE your system and communicate with FNB. Legal steps will be taken against Discovery Bank and the *********** employees.

As you can see FNB does not have it.
image.png 97.66 KB

Discovery Bank
Discovery Bank's reply05 Feb 2025, 13:46
Official
Hi Verushka,

I apologize for the experience that you have had with us.

Your case has been handed over to our executive relationship manager, who will reach out to you directly to assist with your complaint.

Kind regards,
Nosisa
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Verushka N's update05 Feb 2025, 14:40
Reviewer Update
Hi Nosisa,

Unfortunately I have been dealing with your Executive relationship manager which is of no help what-so-ever and can't read emails of follow up with FNB.
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Verushka N's update05 Feb 2025, 14:43
Reviewer Update
I have been forwarding ALL FNB's emails/reponse/comms and your Executive relationship manager still supplies feedback that was logged on 22/01 which they never updated since the first time I have told them that FNB has received my documents and the funds are not with them. I even emailed them that conversation between myself, FNB and Beauty and still they dont read it.
Discovery Bank
Discovery Bank's reply05 Feb 2025, 17:04
Official
Hi Verushka

We will follow up with our complaints team regarding the status of the case and resolution thereafter.

Kind regards,
Nosisa
Discovery Bank
Discovery Bank's reply06 Feb 2025, 10:43
Official
Hi Verushka,

We have spoken to the executive relationship manager working on your case, and they will be reaching out to us soon on the next steps.

Kind regards,
Nosisa
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Verushka N's update10 Feb 2025, 08:19
Reviewer Update
Hello,
I still haven't heard a word from Discovery Bank since your last reply.
Discovery Bank
Discovery Bank's reply10 Feb 2025, 12:29
Official
Good day Verushka,

Let us follow up on your complaint with the relevant people and revert as soon as we have an update.

We apologize for the delay in getting back to you.

Kind regards,
Nosiss
Discovery Bank
Discovery Bank's reply10 Feb 2025, 12:58
Official
Hi Verushka

We appreciate your patience.

Please note your query is currently with our Complaints team, who are liaising with the recipient's bank and our payments team regarding tracing your payment.

Please kindly expect feedback via email.

Kind regards,
Mpho.
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Verushka N's update13 Feb 2025, 10:44
Reviewer Update
Hello,
Still no communication from Discovery. I will be hanging Discovery over to the ombudsman.

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Verushka N's update13 Feb 2025, 10:47
Reviewer Update
Hello,
Still no communication from Discovery. I will be handing Discovery over to the ombudsman along with FNB.
Discovery Bank
Discovery Bank's reply13 Feb 2025, 11:35
Official
Hello Verushka

Please note that our Payments team is still awaiting feedback, a follow-up was sent yesterday again to the external bank.

Kind regards,
Mpho.
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Verushka N's update19 Feb 2025, 09:28
Reviewer Update
Discovery bank has been handed over to NFO (National Financial Ombud Scheme).
Discovery Bank
Discovery Bank's reply20 Feb 2025, 14:39
Official
Hi Verushka

Our Payments team has also further followed up with the beneficiary bank as we had not received any feedback from them.
Please kindly continue to expect any feedback via email from the assigned Executive Relationship Manager.

Kind regards,
Mpho.