Ed Masau had a terrible experience at the hands of BancABC. In his own words: I got the shock of my life on Sunday 24 March 2013 when l had ordered some grocery for breakfast just before going to church. I was in a supermarket and l intended to use my BancABC card to buy the groceries. I had left $50.00 of my hard earned money in my account for

According to NewsDay, “Following public outcry over high service charges, the Reserve Bank of Zimbabwe (RBZ) and banking institutions signed a memorandum of understanding (MOU), which provides guidelines for the determination of interest rate margins and bank charges.” From the article: Banks are now required to pay an interest of 4% for time deposits of $1 000 and above held over a period of at least 30 days. The MOU

I understand that CABS had their new website hacked, so maybe they do have an excuse for having outdated bank charges on their current site. What I don’t understand is the new ATM withdrawal charges. Are they making us pay for their fancy, new-fangled talking ATMs? Anyway, an ATM withdrawal used to be $1.00 and now it’s $2.00 – the same as a teller withdrawal. An ATM withdrawal of $480.00

Updated below So Tawanda went down to TN to buy a bed, which I didn’t know you could do, but bear with me. He got there, paid for the bed, didn’t get a bed, was told his bed hadn’t actually been made yet, made a bit of noise and eventually was promised his money back, less “administration fee”. It seems Tawanda is not one to take this kind of thing

I am banking with FBC Samora Machel Branch since January..I have heard people complaining of their service and i did not believe it could be true…on May 30, 2011 I went to the bank applying for E-banking and SMS Banking, I was told ot fill in a form which i did and submitted it to the customer service counter…i was told that for e-banking it would take 48hours and for sms banking it would take 24hrs…today is the 13th of July and still no confirmation has been received