Absa
Admin Charge CBP Capitalisation

On the 2nd April my account was deducted R205 as an account fee AND R966 as an Admin Charge both using the code CBP Capitalisation. I accept the account fee, but there is no mention of the reasons for the Admin charge and R966 seems an exorbitant amount to be charged on an account that is almost dormant. This is the second month in a row that the R966 has been deducted,

This kind of behaviour is exactly the reason why I am moving my bank accounts to FNB. Totally sick and tired of poor service from Absa.