FM
Fay M

1 reviews | Active since Feb 2015

12 Mar 2015, 12:46

Bad business practice by FNB

FNB Somerset West failed to contact me and warn me that my trust accounts would be frozen because of lack of FICA documentation. I have been through endless hours of trying to phone the FNB Business Bank ***. After days of struggling I eventually had my own trust money market account unfrozen. In the meantime I had to borrow money and cash up an investment to meet payments that had to be processed.<br> I am now going through the same sequence of events with another trust account despite sending in all the required documentation weeks ago.<br> The hold up is the 'call back' from a bank 'consultant' who runs through a series of questions. If answered to their satisfaction the documents go through to an 'auditor' who will then finally unfreeze the account. This can take days and days. I am totally fed up with this very poor service. I have been with the same branch for over 30 years and have not been given the courtesy of a private banker or someone at the local branch that could have built up a relationship and so prevent this sort of unnecessary action.

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Replies (1)
FNB (First National Bank)
FNB (First National Bank)'s reply12 Mar 2015, 13:06
Official
Hello Fay Meredith,

Thank you for taking the time to bring this to our attention. We would like to apologize for any inconvenience caused.

A formal complaint has been logged on your behalf and the reference number is 644745.

Regards
Complaints Resolution
Melinda Duvenhage
Email address: ***
Tel number: *** (option one)