PB
Peter B

1 reviews | Active since Jun 2014

03 Aug 2020, 17:40

NEDBANK UNAUTHORISED DEBIT ORDER **** TO EARN A DOUBLE FEE???????

Can Nedbank instruct your bank[FNB] to charge a monthly fee of R756.26 pm by way of debit order to Nedankbank [ 2019 R632.07] for a Motor Finance Corporation[MFC] debit order place by Nedbank on behalf MFC against your FNB account, while you have not authorised the debit order for the R756.26? I would not be surprised if MFC pays Nedbank for this service and Nedbank then again recovers the same fee from the MFC through an unauthorised debit order???

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