GS
Gillian S

1 reviews | Active since Jan 2015

28 Jan 2023, 18:36

Business Account Frustration

I opened a business account at Tymebank end of last year and have been very happy with their POS App that the client can use. They just tap on your phone and next day the money is in your account. I work for myself so am dependant on the money to buy stock. A client, that is well known to me, paid me R3500 for a job with her card and pin. It was approved and a hold placed on the money. So I call the call centre and they say wait 48 hours. It is now 72 hours and they logged a query which takes 5 days. So I can't pay for stock. I assume they think it's a ***** so blocked it. Now if you don't have branches, your call centre must be highly trained to answer a simple question like why is there a hold on the money. If I knew it was going to happen I would have told the lady to do a transfer to me. I will never again pay a bigger amount into this account. Unbelievable. So the call centre is just pushing queries all over and saying wait 5 days. So just be wary if you open a business account they block amounts clients pay you and no one can say why. I am assuming they think it's a ***** but I personally know the client. I don't have money to run my business so this account will not be used for any bigger amounts ever again.

0
Replies (4)
GoTyme Bank | Formerly TymeBank
GoTyme Bank | Formerly TymeBank's reply31 Jan 2023, 11:02
Official
Hi Gillian, thanks for getting in touch. We're truly sorry to hear that. We'll follow up with our team with your case number and they'll be in touch with you shortly. The TymeBank Team
GS
Gillian S's update02 Feb 2023, 07:02
Reviewer Update
Feedback on this card payment into my business account:
Client paid me by using her card and pin on the 25th Jan. It is now 2nd Feb and the payment is still suspended/on hold. No one called me, no one responded to my email to explain why it is blocked. I phoned twice and emailed. The call centre knows nothing about how a business account works so I am talking to a brick wall. The email was ignored.
I will not use this business account again until I get that money. So this means the person banking with you is of no value.
Next option is to open a case at the police.
They are running the place like Eskom is run.
GS
Gillian S's update03 Feb 2023, 06:37
Reviewer Update
Whoever is managing the complaints on Hellopeter - I just want to say thank you for getting it resolved. The money is in my business account. I think Tymebank needs a really superior Call Centre manager who can train and develop the whole team on all the products, customer complaint resolution, etc to prevent complaints on Hellopeter. Tymebank is moving forward fast but the team taking the calls is far behind and they could possibly answer the bulk of the complaints if they had product knowledge. If I read the complaints here they could be answered by the call centre. Hellopeter is reactive complaint resolution instead of being proactive and getting the Call Centre knowledge improved. If you want to compete digitally you have to sort this out. Thank you again.
GS
Gillian S's update25 Oct 2023, 07:12
Reviewer Update
This problem has happened again on 23/10/23 for approved card payment R2545. Your system had suspended it and not paid it over to me.