#ConsumerWatch: Banks can close accounts | IOL News

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#ConsumerWatch: Banks can close accounts | IOL News
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ConsumerWatch: Mike Cahill tells GeorginaCrouth his bank bullied him after he had a run-in with a surly staff member in a branch.

Pretoria - When banks closed the Guptas’ bank accounts three years ago, it signalled the end of their crooked empire in South Africa.

“We were using our independence to uphold a law against dirty money flows, and that made us enemies.” Cahill had visited the Watercrest branch in Waterfall, Durban, to initiate a new PIN and to get access online for a new business new card. "When she picked up on my unhappiness, she walked away from her workstation and didn’t solve my simple issue.”

A spokesperson, Dumi Shiburi, said: “FNB continually evaluates its banking relationships with clients in light of various considerations, including the protection of the rights of our staff members and customers.

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