Direct Axis
Account settlement

Business & Finance

I requested a settlement amount for 24 December and on this date paid the said amount. The debit order due for 26 December had been processed that morning, so I deducted the amount paid by debit order amount from the amount I paid directly. At the beginning of January I however then noticed that there was still amount outstanding on my account. The lady I spoke to tried to tell me that I could not deduct the debit order amount and that I should have paid the full amount and waited to be paid back the overpaid amount. This is ridiculous - whether the money came off my account via debit order or whether I paid it directly into their account the due amount was paid on the date stated. I now see that the settlement amount has gone from R300 odd to over R900!!!

I have spoken to and sent repeated emails requesting feedback on this matter with still no response. And of course the interest they will claim is due is steadily increasing by the day!!

I would like my account settled according to the full outstanding amount paid on the settlement date quoted.


Company: Direct Axis
Country: South Africa
City: Head office
  <     >  

RELATED COMPLAINTS

RCS
FRUSTRATED NEED REFUND ON DEBIT ORDER!

MBD Attorneys
Settlement account

Motor Finance Corporation
ACCOUNT SETTLED BUT STILL HARASSED TO PAY

Bridge Loans
Settlement discount more than outstanding balance

Mr Price
Incompetent people

Direct Axis
Non acceptance of settlement amount

Direct Axis
Incorrect Settlement amount

Nedbank
ACCOUNT SETTLEMENT

Norman Bissett & Associates Group
All I want is my settlement amount