Wesbank settlement question

S

scubasteve1

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Feb 2, 2012
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Hi All,
note: not hamas related!

So recently i contacted wesbank and got a settlement letter and did the EFT and send the pop to them about a week ago.
Today i got an email stating the following verbatim:

"Due to the challenges our clients are experiencing with some licensing departments not accepting the bank's representative NCO documents, WesBank has decided to assist our clients with the Legal Titleholder change process"

my eyebrows raised when i read 'some licensing departments'
They can assist me but will cost an additional R362 and require copy of my ID, delivery address and contact info.

Is this normal process as i don't recall seeing this in their settlement process.

What other options are there as I don't mind paying the R362 - but i get the feeling i am being forced into this when I don't have to whilst they didn't give me any other options.


thanks in adv
 
Last edited:
scubasteve1 said:
Hi All,
So recently i contacted wesbank and got a settlement letter and did the EFT and send the pop to them about a week ago.
Today i got an email stating the following verbatim:

"Due to the challenges our clients are experiencing with some licensing departments not accepting the bank's representative NCO documents, WesBank has decided to assist our clients with the Legal Titleholder change process"

my eyebrows raised when i read 'some licensing departments'
They can assist me but will cost an additional R362 and require copy of my ID, delivery address and contact info.

Is this normal process as i don't recall seeing this in their settlement process.

What other options are there as I don't mind paying the R362 - but i get the feeling i am being forced into this when I don't have to whilst they didn't give me any other options.


thanks in adv
Click to expand...
Having the same issue... subscribed.
 
Other options is maybe finding someone that supplies these services and has contacts with the municpality.

We use someone for our fleet vehicles and it's about R150 a shot. Unfortunately CPT only.
 
R32 saves you a trip to the traffic department and 2 hours of your time wasted away waiting in line.
It's a no brainer, unless you are one of those that don't take ownership and trade in a car with "title" in hand and make it the dealership's problem.
 
A3@MBB said:
R32 saves you a trip to the traffic department and 2 hours of your time wasted away waiting in line.
It's a no brainer, unless you are one of those that don't take ownership and trade in a car with "title" in hand and make it the dealership's problem.
Click to expand...
Best answer to your question. Its a simple "pink slip" as clearly the bank has accepted the offer. Its capital + interest. Ownership papers need to change. So take them up on the offer. I did the exact same thing you are, but was not willing to save a couple bucks with the pain and misery of going to the traffic department.

For what its worth, if you really dont want to pay. The traffic department in Sandton - near fire station does it pretty easily and quickly, and isnt huge queues waiting for the transfer docs if you go early. Anyway congrats on settlement and owning your vehicle outright - a moment to appreciate
 
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