1 reviews | Active since Jan 2014
OLD MUTUAL IS WITHHOLDING CUSTOMER FUNDS
I have an investment account with Old mutual and a cheque account. I transfer money R1000 from the investment account to the cheque account for withdrawal. I went to go withdraw the R1000, only R600 came out. I tried to withdraw the R400, the machine said insufficient funds. I went inside, and I was told the ATM had issues, and it was fixed today(15/09/2021). I was informed that my money will reflect in my account later tonight (15/09/2021). The money is still not reflecting, and the SMS I received said I had withdrawn the R1000. I laid a formal complaint yesterday, and still, no one has gotten in touch with me. Old mutual just stole R400 from me, the primary job of a bank is to keep funds safe for the customer, instead OLD MUTUAL withholds the customer's money.
We are sorry to hear about the service experience. We will investigate and contact you directly to assist.
Regards
Thabiet Mintin
Old Mutual Complaints Management
We are sorry to hear about the service experience. We will investigate and contact you directly to assist.
Regards
Thabiet Mintin
Old Mutual Complaints Management
