ECR Consumerwatch
ECR Consumerwatch
East Coast Radio - Catch Up
High Court outlaws banks’ controversial money grabbing
13 minutes Posted Jul 4, 2019 at 7:23 am.
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For years, South Africa’s banks have taken it upon themselves - without warning - to grab money from their clients’ current accounts to settle their credit card debt, often leaving them with too little money to honour their debit orders or buy food for the month.