Preemal Investments

R399.99 was deducted from my business account. Called my banker, I was told nothing can be done about it on their side just a simple stop order and reversal if i am lucky. As per standard bank the maximum debit order is R500 000.00 and we have to notify them when it has been taken off within 6 months.By that time the monies would have been long gone. What if it was for R500 000.00, where does that leave us? Insolvent? How can the banks allowed any debits without the consumer consent. This totally unacceptable. Why cant the police stop them, they have a land line no and a address and many complainants against them.

Company: Preemal Investments
Country: South Africa
City: Durban

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