1 reviews | Active since Jun 2021
My money has been 'misplaced' during a transfer - AGAIN! Still not solved!
I have had a few problems with Nedbank when its come to transferring funds. Before the recent experience, I submitted notice for some funds to be transferred to one of my recipients (my ABSA credit card) from one of my Nedbank investments accounts. 1 month later, the funds were still not there. Nedbank told me to speak to ABSA, ABSA said speak to Nedbank, yet all this time, my investment money has lost that month's interest it would have received, and is still non-existent in both banks eyes. What I do know is, I don't have that money in either of my accounts. Eventually we requested the two banks speak to each other, and eventually Nedbank managed to allocate the funds. Now I have another problem, but on a bigger scale - some of my funds that have been transferred to my Etoro account, are missing. They were allocated, and then I was told I need to do deposit more funds as those transactions were not successful. Etoro blamed Nedbank, Nedbank blamed Etoro... and here we sit. No one can help me. What I do know, is the money, once again, has left my account, and no one can tell me where it went. Its difficult to chat to Etoro as they are an international company, but we have been emailing back and forth. And even though Nedbank is local, it is very difficult to get an answer or any kind of great help, even though we can communicate.
Once again, the problem here is not only is my money missing and NOBODY can help, I bought the shares at the price they were back then... when (if) this all gets solved, will I still get it at that price - or do I lose the money I would have gained by now?
Can someone in Nedbank please help me????
