Capitec Bank
ACCOUNTS CLOSURES WITHOUT NOTICE

I went to make some transacttions at Capitec bank on the 2nd of July 2013 and the consultant advised me to transfer all my as the account will be closed. She said this was because all foreign nationals without Permanent Residence status are longer eligible to have accounts with Capitec Bank. I mean, what kind of a joke is that, and to that its a Reserve Bank requirent and yet i immediately went to open a new account at another bank using the same Engineering Work Permit that i used to open my Capitec account in 2009. No communication was ever passed to the clients and there was another lady as well, who was in the same predicament as mine. This is really sad (already you are struggling with bad corporate image and this will surely dent your corporate gorvenance)

Thank you Standard Bank (Moving Foward) for grabbing the opportunity of serving clients running away from unethical business practices.

Company: Capitec Bank
Country: South Africa
City: Sunnyside

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