Complaint Review: First National Bank South Africa - Johannesburg
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- Author Confirmed
- First National Bank South Africa Bank City Johannesburg, South Africa
- Phone:
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- Category: Banks
First National Bank South Africa Bank charges ripoff Johannesburg South Africa
*UPDATE Employee: FNB Cash Deposit Fees
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Banking charges are notoriously high in South Africa, but First National Bank have stooped to new lows with the fee I was charged today.
A cash deposit of R35.00 ($4.5) was made into my personal account.
The fee that FNB has charged me for this transaction is R15.00 ($2) !
That's almost half of the total deposit!
Don't steal - FNB hates competition.
Kensa
Johannesburg
South Africa
Click here to read other Rip Off Reports on First National Bank of Marin
CLICK HERE to read about Credit Card Scams... find out how to get your money back. Consumer makes harsh but accurate statements. *Rip-off Report Investigation follow-up provides valuable information.
This report was posted on Ripoff Report on 07/01/2008 03:04 AM and is a permanent record located here: https://www.ripoffreport.com/reports/first-national-bank-south-africa/johannesburg/first-national-bank-south-africa-bank-charges-ripoff-johannesburg-south-africa-346184. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content
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#1 UPDATE Employee
FNB Cash Deposit Fees
AUTHOR: J Fowle, FNB Pricing Executive - (South Africa)
SUBMITTED: Monday, July 07, 2008
Dear Kensa
You are correct that FNB introduced a minimum fee of R15 for cash deposits in branches on 1 July 2008, however cash deposits through FNB ATMs remain completely free to individual account holders, and customers are encouraged to make use of ATMs for cash deposits to avoid cash deposit fees altogether.
The R15 minimum cash deposit fee will only affect cash deposits of less than R1428: All cash deposits of greater than this amount will experience a fee reduction on our new pricing from 1 July onwards.
If you have any queries regarding your bank charges and how you can reduce them, please contact our Pricing Help Desk on 0860 11 22 44.
Yours sincerely
James Fowle
Pricing Executive
First National Bank
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