HB
Henry B

1 reviews | Active since Dec 2009

13 Apr 2018, 12:56

Refused a refund! Bank insurance charged since 2015 although 3 rd party insurance on record!

Nedbank has become so arrogant in dealing with their customers.

I have been charged insurance on one of my home loans since 2015 although notifying them annually about my 3rd party insurance.

I have been transferred from one department to another with the following lame excuses:

* It only shows on the statement but you have not been charged... * It was charged every month however, we credit your account every month... * You have transferred the money " every month" from your bond account...

None of the above was true as no one who made such pathetic statements could provide any evidence or proof that it was indeed the case.

When asked for a refund to several parties in different departments, I received a phone call saying that it was taken off the account and will not be charged again.

What about refund for paying something I shouldn't have??

The typical response, "Sorry sir I can not assist with that"!!!

When asked for recon of my account to show all the transactions, I was send bank statements!!!

This arrogance are typical of large institutions like Nedbank where they know you cannot just move your home loan accounts if you are not satisfied! If possible, I would have done that long ago!

0
Replies (3)
Nedbank
Nedbank's reply13 Apr 2018, 13:11
Official

Dear HJB777

Thank you for raising your concerns with us. We at Nedbank continuously strive to provide great banking experiences. A Resolution Manager will contact you to address your concerns.

Kind regards

Client Service Support

HB
Henry B's update19 Apr 2018, 13:48
Reviewer Update
Plenty of interaction from Nedbank. Not ONE communication were related to my problem or request and referred from one department to another. 3 reference numbers now for the same query! Pathetic!
HB
Henry B's update25 Apr 2018, 14:50
Reviewer Update
Once again after all the correspondence and telephone calls Nedbank send me a statement again. I requested a refund for the monies incorrectly charged or substantial evidence in the form of a full reconciliation why Nedbank cannot refund the monies. I have no option than to revert to the Banking Ombudsman!