KL
Kyle L

1 reviews | Active since Jul 2025

29 Jul 2025, 13:27

Luno Is Hiding a July 11 Deposit Failure – Multiple Users Affected, Still No Resolution

I made a deposit of R1000 into my Luno account on July 11, 2025. The funds left my bank instantly. It’s now been 18 days, and Luno still hasn’t credited my account or resolved the issue — despite me sending proof of payment, bank statements, and multiple support emails.

Here’s where it gets worse:

I just came across a complaint from another user, Dustin H., who experienced the exact same problem — a missing deposit made on the exact same day, July 11. Except his was for R20,000.

He, too, has received nothing but generic replies, and like me, is still waiting after 18 days.

This is no longer a personal issue — it’s a pattern, and possibly a massive silent failure in Luno’s payment system. Instead of owning up, Luno is stonewalling everyone, replying with canned responses, and leaving customers in the dark.

There’s no phone number, no escalation path, no urgency, and no care.

I’ve already reported them to the FSCA and am escalating to the Banking Ombudsman. If you’re considering using Luno — don’t. If you already have, check your deposits — especially from July 11.

This company is not safe to trust with your money.

0
Replies (1)
KL
Kyle L's update30 Jul 2025, 07:35
Reviewer Update
Everyone reading this post;;;; look at Luno's generic uncaring reply... they want to hide this sort of automated response... see below
|


Hi Kyle, Thank you for sharing your experience with us. We sincerely apologize for any frustration this situation may have caused you. Please be assured that your inquiry, along with all the details you have provided, has been forwarded to our specialist team for prompt review under reference number #***. We fully acknowledge the impact this delay has had on you, and we are diligently working to resolve it as swiftly as possible. We appreciate your patience during this time. We take these matters very seriously, and our team will contact you directly as soon as they have an update. Thank you once again for your understanding.
^RB