1 reviews | Active since Aug 2016
Poor service!!
On Wednesday, 31 Jan, I opened a few new accounts with Nedbank Cradlestone as I am busy changing banks.
That same afternoon I made a few transfers into the new accounts using the account numbers as indicated by the consultant.
To make a very long story a little shorter - all I am being told is to wait 72 hours*; Nedbank cannot trace the money, my other / "old" bank will have to trace it (since when can't Nedbank trace any money?)
So I decided to get my other bank to trace the money for me as I am getting a little concerned (Nedbank does not seem to know where my money is) only to find that although I used specific account numbers, the money was paid into a Nedbank suspense account (I was told it would go directly to my accounts and not the suspense account) from which the transfers must be allocated to my investment accounts.
According to my other bank , Nedbank should have received the money yesterday already. Which means it must be allocated by today.
It has been more than 48 hours and the transfers to my investment accounts are still not reflecting. The consultant and later involved branch manager are not very helpful at all! Some of the people at the Call Center are also not very helpful!
After establishing Nedbank only needs to allocate the money to my accounts, it cannot be determined who's duty/responsibility it is the allocate the money - the consultant says it is the Investment Department's job, and they say it is the consultant's job. So they are passing the duty bucket back and forth between each other while I loose interest on my investment!! This does not seem right and fair towards me as the client! Who is going to repay me the interest I have now lost due to staff who do not seem to know what their duties are??
Having enough of this nonsense, a formal complaint was logged. I guess the bank manager and consultant at Nedbank Cradlestone were confronted by Head Office / Complaints Department because the next time I spoke to the consultant I was informed that she will no longer be dealing with my accounts and the "problem" at hand.
Obviously keeping the complaints department up to date with the new developments (of no longer dealing with my accounts), I am being told a senior manager will be in contact with me. I am STILL waiting for the senior manager dealing with all of this to contact me...no one has contacted me yet as they were supposed to! By the time the necessary action is taken, it will probably be more than 72 hours.
This is absolutely ridiculous!
Nedbank Cradlestone is not very helpful when it comes to solving problems and helping clients!
Luckily, there are 2 other branches I would definitely recommend: Nedbank at ****arney Mall, and Nedbank at Key West Shopping Centre.
I know of people who opened similar accounts to mine at the above mentioned branches and their monies reflected in their accounts the very next day after being transferred from another bank! Their monies did not even take 48 hours to reflect, never mind 72 hours. Now that is what I call good service!
Unfortunately Nedbank Call Center, Cradlestone Branch and even the Complaints Department are all giving Nedbank a bad name and reputation!
I would still consider and advise to rather look at banks like FNB. Hopefully they are willing to be more helpful and responsive!
Dear Lise-Mari
We Sorry to hear about your experience, a Resolution Manager will contact you shortly to assist.
Regards
Client Experience Team
Best regards,
Dear Lise-Mari
We Sorry to hear about your experience, a Resolution Manager will contact you shortly to assist.
Regards
Client Experience Team
Best regards,
Noted.
Regards
Client Experience Team
Best regards,
Noted.
Regards
Client Experience Team
Best regards,
Noted.
Regards
Client Experience Team
Best regards,
Noted.
Regards
Client Experience Team
Best regards,
