The Banking Division of the NFO specialises in resolving complaints about banks that are registered in South Africa. If you have already submitted a complaint to your bank but you are still unhappy, you can open a case with the NFO.
Banking Division
The Banking Division of the NFO helps to mediate and resolve disputes between consumers and banks and other financial institutions. Its jurisdiction covers those banks which are members of The Banking Association South Africa and it offers free and accessible Ombudsman services to bank customers who have exhausted their bank’s usual complaint processes and channels, and still feel aggrieved.
The Banking Division investigates and seeks to find fair, equitable and impartial outcomes in instances where bank customers believe that they have suffered financial loss or emotional harm through actions or inactions on the part of their bank that they believe were prejudicial to their rights or interests, or were illegal.
Independent dispute resolution services offered by the Banking Division of the NFO include Internet Banking | Credit Card Fraud | Home Loans | ATMs| Vehicle Finance | Credit Bureau Listings | Debit Orders | Savings & Cheque Accounts | Fees & Charges, and more.
All participants in the Banking Division of the NFO are also members of The Banking Association South Africa (BASA), which means that they have agreed to abide by its Code of Conduct. This is a set of minimum standards governing the service they offer to consumers. These standards are aligned with Treating Customers Fairly (TCF) outcomes, and you can download a PDF version of the Code here: