First National Bank
Residual on a company pettycash account

Business & Finance

Good day

I have a smart account with FNB which I opened for the Company's petty cash, meaning that the amount that goes into that account belongs to the company not me. I have had this account for a year now and no problems till today.
An amount of R1500.00 was debited and it referred to the debit as "residuals", I never signed anything to authorise that debit and to make matters worse I am not employed permanently now because of my medical problems. I am 100% sure that that's not legal you can not do that without contacting your client! I am in the process of submitting all my required documentation to the Ombudsmen because I have had 8 operations done to me and couldn't work full time therefore cant obtain a decent salary. The records on this account show that its a different amount every time and it is used to pay company expenses.

Please sort this out because I am really disappointed.


Company: First National Bank
Country: South Africa
City: Pietermaritzburg
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