If you'd be starting a new business, what would your first pick be and also who would be your last pick xD ? I've mostly used FNB but not too fond of them; customer service bad, inbound Swift transfers take ages, and tbh their digital offerings suck. We don't really have much comparing to the...
Hi all, had a post about this some years ago. FNB app payment apporval is non-existent. Twice in the last 2 days I've done payments that asked for approval - 1 I denied (wife using card and didnt tell me) and the other I left it too long to approve and it cancelled. Both times I retried the...
Nedbank digital banking outage
Nedbank's Internet banking and mobile banking apps have been hit by an hours-long outage starting in the mid-morning of Friday, 26 April 2024.
Outage tracking website Downdetector first showed a surge in reports of issues with Nedbank online services in South...
I have a home loan with FNB for just about a year now, and come December we decided to make an extra payment against the loan. Convoluted process aside, it was eventually processed in March and the monthly deduction for April reflected accordingly.
The problem is that I can find no proof of...
We are in the process of getting a home loan from Investec.
They will charge a valuation fee of up to R5750 on top of their initiation fee.
Apparently this is only if the desktop valuation is not high enough and someone has to visit the property.
They do state that this is paid straight to the...
Does anyone who has a keen eye on international crypto (Bitcoin) regulations know if anything has changed in the last few months with regards to South African residents holding BTC with UK companies? I'm not too savvy with this, have some BTC, but it's just sitting in a wallet, I don't trade or...
Cyberattack forces major banking business on Wall Street to record transactions in spreadsheets
Another cyberattack against the unglamorous platforms underpinning Wall Street left one of global banks’ biggest businesses falling back on an old-fashioned method of doing business...
Does anyone know/have any recommendations on what companies or banks to use when it comes to business debit order collections?
I have tried Standard Bank - sent them a bunch of emails, sent a business relationship manager a bunch of emails and eventually tried their call centre. The lady we...
Interesting eMail I received this morning from First National Bank regarding my revolving loan agreement being changed unilaterally -
I never agreed to this happening, and I am not even sure why this is necessary.
Bank being nice, saving me from 15% ?
Nah fam..
Opinions welcome..anyone else get...
FNB announces new eBucks rules from August 2023
FNB has announced a raft of changes to its eBucks Rewards programme, including a new way to increase fuel earn, additional incentives for using virtual cards, and higher-value grocery vouchers and travel discounts.
eBucks Rewards CEO Johan...
How Standard Bank fixed its big downtime problems
Standard Bank has radically reduced the number and length of outages of its digital channels, a feat it has ascribed to increased transparency, accountability, and discipline among its engineering teams.
South Africa's biggest bank by revenue...
Absa's new portable bank brings staff closer to customers
Traditional banks are bringing branches closer to their clients to better compete with innovative new digital players.
Online shopping and food delivery apps have boomed in recent years by bringing products straight to customers'...
Hello! I'm traveling to the UK quite soon for a few months and was wondering what would be the best method to send Rand (ZAR) from my ABSA bank account into a UK account into Pounds (GBP)? I will be receiving funds during my stay there each month, so a it will be a regular thing to transfer...
Hey all.
I just got hired into an American-based company and am receiving a salary in dollars at the end of this month. I recently lost my ID and am unable to apply to get a new one because of lockdown regulations. Only first-time applicants can apply for an ID. If you've already had one you...
Would like to hear some opinions regarding investment banking as a career choice in South Africa. Plan to complete CA before starting to apply.
Can you enter investment banking directly after qualifying as CA or should you gain experience elsewhere first (corporate banking etc)?
Which SA bank...
Recently started a business in SA supplying goods to municipalities, SOES etc. Fairly new to this country, and also not very educated so not sure how payment processes work with banks.
If municipality or department pays me on Tuesday 13/07, and sends remittance advice same day, how long should...
Why South African banks limit your transaction history
Viewing historical transactions should be straightforward, although this is often not the case.
For older transactions, it is particularly difficult to find records through online and app-based banking platforms.
Considering the number of 'private' banking options out there, I believe there is some value in seeing what experience MyBB users have had... As we all know there are a number of factors to consider as each offer has its own reward partners, travel benefits etc
I personally tried FNB Private...