We have had a few occurrences with a certain bank where, on the day before registration, this bank’s attorneys inform us that there is a “shortfall” on the home loan account and that we must pay this amount onto the bond so that the bond cancellation can proceed the next day. [No, I am not going to mention the bank’s name to prevent this bank from “reporting my conduct” as unprofessional to the Law Society, which one of the others did.]
However, when trying to make payment, whether by EFT or by physical deposit [cash or cheque] at a branch of this illustrious bank, one finds that the home loan account number has been “blocked”. So it causes a delay because we then have to ask the bond cancelling attorneys to ask their bank to “unblock” the account so that the payment can be made.
This all happens a day before registration and leads to much annoyance because of further unnecessary delays.
I used to bank with this bank and every time this happens, I am again reminded of how nice it was to close all my accounts at that bank.
Regards
Sieg
Quote:
“The very conscience itself of the best of men when it spoke loudest – when the soul heard as it were an inward voice bidding it to obey a divine law – was made the ground of condemnation; . .”
From the chapter on the trial of Jeanne D’Arc in Sir John Macdonnell‘s book “Historical Trials”
However, when trying to make payment, whether by EFT or by physical deposit [cash or cheque] at a branch of this illustrious bank, one finds that the home loan account number has been “blocked”. So it causes a delay because we then have to ask the bond cancelling attorneys to ask their bank to “unblock” the account so that the payment can be made.
This all happens a day before registration and leads to much annoyance because of further unnecessary delays.
I used to bank with this bank and every time this happens, I am again reminded of how nice it was to close all my accounts at that bank.
Regards
Sieg
Quote:
“The very conscience itself of the best of men when it spoke loudest – when the soul heard as it were an inward voice bidding it to obey a divine law – was made the ground of condemnation; . .”
From the chapter on the trial of Jeanne D’Arc in Sir John Macdonnell‘s book “Historical Trials”

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