Nedbank
Outrageous charges on dormant account

Business & Finance

Approximately 3 years ago I received a letter from Nedbank informing me that my account had been dormant and would duly be closed if I didn't reactivate by making a deposit. There was a minimal amount in the account and as I accepted this was the industry standard procedure, I expected my account to be closed in due time. However, Nedbank continued to charge me banking fees every month to the effect of R1800! I have been plagued by collection agencies for this 'bad debt' for over a year now and even when I explain that I went in to the Rosebank Branch to sort this out last year (where I was told that Nedbank had no record of this account and could not help me) I now receive threatening sms's that I will be served summons at my workplace. Please help me understand how bank fees on a closed account can amount to over R1800 and also how several different so-called law firms can harass someone to this extent for credit I never applied for nor consented to


Company: Nedbank
Country: South Africa
City: Collections
  <     >  

RELATED COMPLAINTS

Nedbank
Service fee on dormant account

Nedbank
BAD SERVICE

Nedbank
Ripping off clients!

Nedbank
Charged SELF SERVICE BANKING FEE on dormant acc

Nedbank
Closed my account but they still bug me!

Nedbank
CLOSED MY ACCOUNT BUT STILL BEING CHARGED

Nedbank
Account not closed as requested

Nedbank
Card fees charged after account has been closed

Nedbank
Nedbank fails in service delivery