HT
Hazel T

1 reviews | Active since Jul 2014

25 Mar 2025, 12:03

Delayed Withdrawal Claim

Momentum - Funds at Work I am horribly unsatisfied with the lack of service and delay in paying out withdrawal claim. After submitting the required documentation on the 16/01/2025. I was given feedback that this process takes maximum 21 working days, we are currently at above 60 days with no payment. I keep having to check the status and only when I scream and shout do I get a response. The service I am being given is unsatisfactory. What the service consultants do not realise is that I am currently unemployed and have lost out on so many business dealings, and all they keep saying is that my claim is stuck at payments and will reflect in 5-7 days. I can no longer wait as I was told that it would reflect last week, then yesterday when I followed up I was told the funds would reflect this morning - to no avail. I can not accept such shoddy service.

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Replies (1)
Momentum (SA)
Momentum (SA)'s reply25 Mar 2025, 12:11
Official
Dear Hazel,

Thank you for informing us of your concerns.

The matter has been escalated to the fundmanager for urgent assistance and feedback,

Kind regards
NH