Absa
Loan debit deduction from investment account

Business & Finance

My name is Joseph Tshiwandimon, I was recently in a car accident and hospitalised for two weeks. I then received my salary of R4042.52 on the 31 of January 2013 into my money builder account. Due to me being in hospital I didn't not withdraw any amount from that, on the 1st of March I then received R2747.76 and in total my balance was R6808.48.On the 5th of March ABSA Bank debited R4700.00 from my money builder account which they had told me that funds could not be debited from that account. I was not even alerted about this action and only found out when my son took me to the bank to get money for my medication. Please assist me in getting my money back. I have a loan with ABSA but there was no agreement that they would take my money like that. I am struggling to survive since I am not able to work.


Company: Absa
Country: South Africa
City: Giyani
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