Absa
INVESTMENT ACCOUNT DEBITED WITHOUT AUTHORITY

I SHORT PAID MY CREDIT CARD WITH APPROXIMATELY R800, 00 AND BEFORE THE END OF FEB AND
WITHOUT TAKING TO ME THE BANK DEBITED THE INVESTMENT ACCOUNT WITHOUT AUTHORITY.
I PHONE PULANE AT THE BANK REQUESTING A REVERSAL AS HUGH AMOUNTS ARE GENERALLY PAID INTO THE CREDIT CARD DURING THE MONTH. SHE ADVISED THAT THE BANK CANNOT REVERSE THE TRANSACTION. IS OUR INVESTMENTS NOT SAVE ANYMORE SHOULD YOU BE LATE WITH A PAYMENT WHEN YOU ARE NOT EVEN MORE THAN 30 DAYS IN ARREARS AFTER PAYMENT DUE DATE?