Absa
Illegal debiting of account

Absa, together with AIP Services illegally took out a short term insurance product in my name to insure the vehicle I have financed with Absa. I have had my vehicle for 2yrs already. I had to prove insurance on the day of delivery to be able to get my car. I am a financial advisor and know that it is illegal to take out a policy on behalf of someone, furthermore it is illegal for the bank to debit your account if you haven't given them permission to do so. It is disconcerting that a reputable institution are involved in a matter such as this.

I see you have received complaints of this nature before. Please send me feedback on this case.

Company: Absa
Country: South Africa
City: Jhb

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