R21,700 - thats what I paid not to bank with ABSA anymore. (good riddance)

[LinuxMan]

+1

Gapsa.

 

[Hosehead]

The banks here are crazy. FNB wont accept bank cheques drawn by Standard on their own certified Bank Cheque (from Standard Bank)...Really WTF

 

[xrapidx]

I'm just waiting for one more payment to reflect on ABSA's side, paid yesterday, then I can close the damn account.

Just hoping it happens tomorrow, so I can close the account, before they whack me for another R400 in fees on the 1st.

 

[blunomore]

ABSA won't be shafting people from next month.

They're changing their name to Barclays.

Has this been published in the MSM?

You are blu's new hero

You have no idea!!! I salute him.

Am I the only one here who reads SENS and Corporate Actions records?

Jip.

The ABSA brand will remain. They will be changing their trading name to Barclays Africa Group following ABSA Group Ltd's merger of Barclays Africa PLC. The bank itself will still be known as ABSA though.

So to the average banking client, nothing would have changed.

 

[guest2013-1]

Give this man a bells.... congratulations OP, you'll be glad forever and ever.

those who claim they never had issues with ABSA never had to do anything different than putting money in and taking money out or questioning bank fees or looking for a better deal.

Hell, it took 6 months, and a freaking REGIONAL manager for my cousin to just close his Credit Card account.

 

[Cius]

Had similar experiences with ABSA. Worst service ever, moved away and never been happier.

 

[xrapidx]

LOL - so much for trying to close the account before April - I see they've transferred the exact amount out of my cheque account to my credit card to leave just enough for the fees of the cheque account (R395) - guess I won't be escaping it.

 

[JonnStar]

I left ABSA for FNB a while ago. Never looked back.

Its probably normal but I still felt like it was such a cheek for ABSA to charge me to close my account with them. That's like a last f*** you they gave me. But hell anything to leave that stupid bank for good. Back when it was the United we had family working for them, retired etc..., and a long history behind it all. Pity they lost the plot somewhere.

 

[SaiyanZ]

ABSA fees are non-existent if you have the right account and can maintain a R10k balance. My banking fees are about R25 per month. They just charge that for internet banking. No other fees. I keep my balance between R10k and R11k and invest the rest.

 

[xrapidx]

Much like their service? Non-existent.

 

[HavocXphere]

The zebra one, correct?

Also 20k...ouch.

ABSA fees are non-existent if you have the right account and can maintain a R10k balance. My banking fees are about R25 per month. They just charge that for internet banking. No other fees. I keep my balance between R10k and R11k and invest the rest.

Opportunity cost of 10k...

Personally I prefer to run my account in the red the entire month except for the last few days...as long as I know I can clear it quickly with reserves if need be.

 

[xrapidx]

Yip. And so far the service has been great. They respond to email within hours, and call if necessary.

That hardly ever happened at ABSA.

ABSA actually sent me a survey to fill in for Private Bank of the year...you can guess what ratings they got from me.

 

[jambai]

Well if you ever needed proof that Ramos is the worst ceo of Sa top 40 shares,now you have it.She does not come from a banking background and is a political appointment.FNB is the best

 

[SaiyanZ]

Much like their service? Non-existent.

I haven't had to go into the bank for years so I don't know.

Opportunity cost of 10k...

Personally I prefer to run my account in the red the entire month except for the last few days...as long as I know I can clear it quickly with reserves if need be.

Well even if I could invest the R10k somewhere for a guaranteed 5% interest it only comes to around R40 lost per month. Total cost R25+R40=R65 which is still cheaper than other banks fixed fees.

 

[NomNom]

So which bank did you move to? FNB?

 

[kingrob]

So which bank did you move to? FNB?

No ways, FNB is a chap bank that is more offline than online.

That's also why they're cheaper - to try make up for the constant embarrassment and humiliation at swipe points at shops.

I'm sure he went to Standard Bank.

 

[Sinbad]

No ways, FNB is a chap bank that is more offline than online.

That's also why they're cheaper - to try make up for the constant embarrassment and humiliation at swipe points at shops.

I'm sure he went to Standard Bank.

You seem to have some sort of vendetta against FNB... It's getting boring now

OP went to Investec.

 

[KleinBoontjie]

2012 was a good year for them........NOT!!!

 

[kingrob]

You seem to have some sort of vendetta against FNB... It's getting boring now

Have you got any idea how bored I am with all the crap Steve ads and FNB customers crying at the end of each month?

 

[Sinbad]

Have you got any idea how bored I am with all the crap Steve ads and FNB customers crying at the end of each month?

Allow me to quote your signature to you:

The Golden Rule of Life : "Do unto others as you would have them do unto you". - Jesus

So you want everyone to point and laugh at you if your bank has an issue, or if you have a problem at work?

Just to clarify your stance on hypocrisy, you understand...