Unauthorised Transaction

I am no longer surprised that there are scores of unauthorised debit transactions eroding private individuals' bank accounts in South Africa on a daily basis. These ********** debit transactions stem from hard-to-trace **** companies but are being facilitated by a string of financial institutions, including our banks and intermediary debit service companies.<br> What has swayed my perception of a perfect and reliable banking system is my personal experience this past weekend with the First National Bank, Benmore Gardens. The bank negligently passed a debit payment of over R 100 000.00 through my account over the weekend without first checking with me, the account holder, that this was a legitimate transaction or advising me that such a transaction was taking place.<br> What angers me more however that I am being inconvenienced by someone else's total disregard for the customer in that I have had to make numerous visits to the Branch in order to rectify the bank's negligence. The bank representative, Muzi Jezile, acknowledged that this was a transaction and promised that it would be rectified within 24 hours. Despite this acknowledgement and the promise made, to date nothing further has tra