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Melody Moses-Kandan

1 reviews | Active since Nov 2017

07 Sept 2026, 09:58

Luno has failed to provide a clear resolution regarding funds that have not been received

I am extremely disappointed with the way Luno has handled my case regarding funds that have not been received. This matter has been ongoing for an extended period, and despite numerous follow-ups, I continue to receive vague responses without a clear resolution or timeframe. Most recently, on Friday, I received an email from Kaashif confirming that the relevant Luno team had contacted the bank regarding the payment and that they would provide feedback once they received an update. However, this morning I received another email from Joe which simply stated that they would keep me updated “once we've something on the table” and hopefully provide an update “in the near future.” These responses are concerning and appear contradictory. If Luno has already contacted the bank, I should be provided with a clear status of that enquiry, including whether the bank has responded and what is currently outstanding. I am not asking for another generic request for patience. I am asking Luno to account for the funds and provide a substantive update on what has happened to the payment. I have cooperated with Luno throughout this process and have provided the information requested of me. It is unreasonable for this matter to continue indefinitely without a clear explanation or resolution. I am therefore requesting that Luno: Confirm the current status of the payment. Confirm when the bank was contacted and whether the bank has responded. Explain what is currently preventing the matter from being resolved. Provide a clear and realistic timeframe for resolution. Provide a substantive response rather than another generic holding email. I sincerely hope that escalating this matter publicly will finally result in the transparency and resolution I have been requesting. Luno, I need my funds accounted for and this matter resolved.

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Replies (1)
Luno
Luno's reply08 Sept 2026, 10:26
Official
Hi Melody,


Your matter is already being investigated by our specialised team, and we have escalated the case internally to ensure it receives the appropriate attention. Our specialised team is waiting for feedback from the bank and therefore is unable to give a specific timeframe, as we're still waiting for their response. 

For security and privacy reasons, we cannot discuss the specific details of the disputed funds or your account publicly. However, the specialised team handling your case will review the information and contact you directly once they have feedback. ^RB