I wanted to move my homeloan from ABSA to FNB because my other accounts are there but I SO REGRET IT!
I asked initially about attorney fees and was told that there would be 'no transfer fees, only valuation and admin' - did anyone bother to tell me that there would be a registration fee of R10 000.00!!!??? Of course not! I could have reviewed my interest rate with FNB and saved a fortune! In addition to having to deal with highly incompetent attorneys - I think ABSA is a large co that can get away with murder because there is no way that an individual can argue with them - I really wish I had rather moved all my accounts away from them - rather than too and I will make every effort in the future to do so!
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