HK
Hajo K

1 reviews | Active since Jul 2011

14 Oct 2015, 10:31

Merchant Service not crediting funds since 07 Oct

On 07 October a credit card transaction was done on our Speed-point and on the very same day authorized by the customers Diners Club Services. Till today the funds are not in our account. We called the Merchant Service yesterday (reference ***) but still no credit in our account or any reply.<br> As the funds are cleared from the customer's bank for one week now, we expect the funds in our account during the working hours today plus 9% home loan interest for the meantime as we had to use the funds from it and a apology in writing with a valid reason why it took so long. Interestingly it is the second time that it takes so long and again it is a higher amount than our usual transaction, so it easily gives the impression that the bank is working with our money before they pass it on...

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Replies (1)
Nedbank
Nedbank's reply14 Oct 2015, 10:55
Official
Hello hajosa,

We note your frustration with the fact that your concern has still not been resolved. We at Nedbank strive to make great banking happen for our clients. One of our resolution managers will contact you shortly to help resolve your complaint.

Kind regards
Client Experience Team