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Is Equity Running A Scam?
hindi ni riu
#1 Posted : Thursday, October 14, 2010 1:48:12 AM
Rank: Member

Joined: 5/2/2010
Posts: 305
Over the last few days Members are unable to withdraw more that 5k at a go from most of the ATMs. So here's the deal: You want 10k, withdraw 5k twice, 2 transactions-customer charged double (could have paid 30 bob only, ends up paying 60).Tech issue? I don't buy it.I smell a giant rat!

“Once the last tree is cut and the last river poisoned,you will find you cannot eat your money" Traditional saying.
obiero
#2 Posted : Thursday, October 14, 2010 7:54:14 AM
Rank: Elder

Joined: 6/23/2009
Posts: 14,304
Location: nairobi
I beg to differ. Dr. Mwangi had pledged a PBT of 10B. Therefore such acts are js steps towards hitting the profit target!
COOP, IMH, KEGN, KQ, MTNU
kyt
#3 Posted : Thursday, October 14, 2010 8:38:34 AM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
obiero wrote:
I beg to differ. Dr. Mwangi had pledged a PBT of 10B. Therefore such acts are js steps towards hitting the profit target!

i now understand
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
mukiha
#4 Posted : Thursday, October 14, 2010 10:28:29 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
hindi ni riu wrote:
Over the last few days Members are unable to withdraw more that 5k at a go from most of the ATMs. So here's the deal: You want 10k, withdraw 5k twice, 2 transactions-customer charged double (could have paid 30 bob only, ends up paying 60).Tech issue? I don't buy it.I smell a giant rat!

As a shareholder, I am concerned.

Please give more details: e.g., how many people do you know who have had this problem? how many ATMs are affect - tell us which ones, so that other members can avoid them.

BTW: even though I am a shareholder, I am not a customer. Equity cannot meet my requirements of a bank!
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
Njung'e
#5 Posted : Thursday, October 14, 2010 10:32:39 AM
Rank: Elder

Joined: 2/7/2007
Posts: 11,935
Location: Nairobi
Haven't experienced that.Give more details before i conclude it's the same ol' phrase....Dog bites man!
Nothing great was ever achieved without enthusiasm.
selah
#6 Posted : Thursday, October 14, 2010 10:52:22 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
I hav always avoided Equity like a plague.It once deducted my cash without informing me just because a guy who I had guaranteed had delayed by a day to pay his loan.Then after the guy in village market withdrew money from somebody's else account thru the ATM I shifted to KCB.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
teletalk
#7 Posted : Thursday, October 14, 2010 10:58:08 AM
Rank: New-farer

Joined: 9/3/2010
Posts: 26
Location: Nairobi
i suspected hw is this mr. mwangi makin lots of cash. i closed my account with now close to a year....
mjuaji wa stocks
#8 Posted : Thursday, October 14, 2010 1:17:11 PM
Rank: Member

Joined: 1/16/2010
Posts: 672
Location: nairobi
selah wrote:
I hav always avoided Equity like a plague.It once deducted my cash without informing me just because a guy who I had guaranteed had delayed by a day to pay his loan.Then after the guy in village market withdrew money from somebody's else account thru the ATM I shifted to KCB.



SElah....So what did you understand by guaranteeing?? Njia ni hiyo lipa loan.....i had the same experience but cant blame the bank....i blame the guy i guaranteed the loan...lipa deni

@All.....if this is true....as a shareholder i am concerned too.....kindly keep the details....and complains coming!
God gave me the power to make wealth ... Blessed the work of my hands & enabled be A SELF MADE BILLIONAIRE ...... TO GOD THE FATHER OF MY LORD JESUS CHRIST; BE THE GLORY NOW & FOREVER MORE!

Pastor M
#9 Posted : Thursday, October 14, 2010 1:47:37 PM
Rank: Member

Joined: 8/18/2009
Posts: 303
hindi ni riu wrote:
Over the last few days Members are unable to withdraw more that 5k at a go from most of the ATMs. So here's the deal: You want 10k, withdraw 5k twice, 2 transactions-customer charged double (could have paid 30 bob only, ends up paying 60).Tech issue? I don't buy it.I smell a giant rat!


This is not true or it could be one case scenario or you have set your minimum withdraw amount as 5k...I have never experienced it and have not heard anybody complaining by the way equity bank has over 5 million customer let me assure you that if there anything like this happening everybody in town would have known by now (its an advantage of banking with the majority). like when their ATMs are down on a friday (end month)its like everybody in town is angry.
selah
#10 Posted : Thursday, October 14, 2010 3:18:36 PM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
mjuaji wa stocks wrote:


SElah....So what did you understand by guaranteeing?? Njia ni hiyo lipa loan.....i had the same experience but cant blame the bank....i blame the guy i guaranteed the loan...lipa deni

In KCB they inform you about the delay first then deduct after prior warning.Equity on the other side deduct and dont inform you of the same then you are left to screw urself when you issue a cheque and it bounces.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
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