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CFC Financial sending people to agents
Rank: Chief Joined: 5/31/2011 Posts: 5,121
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They’ve changed their mind, so I’ll stick with them (and not through an agent). This whole saga has made me realize that my relationship with CFC is very shaky
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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mwekez@ji wrote:They’ve changed their mind, so I’ll stick with them (and not through an agent). This whole saga has made me realize that my relationship with CFC is very shaky imagine this is the second time they have attempted this. rem last year?though it was slightly different. i wonder why they changed their mind? many customers wanting to leave? i was ready to go back home sib. genghis u have responded slowly. ud already have customers now still contemplating if i should still move. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 11/28/2006 Posts: 1,799
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Aguytrying wrote:mwekez@ji wrote:They’ve changed their mind, so I’ll stick with them (and not through an agent). This whole saga has made me realize that my relationship with CFC is very shaky imagine this is the second time they have attempted this. rem last year?though it was slightly different. i wonder why they changed their mind? many customers wanting to leave? i was ready to go back home sib. genghis u have responded slowly. ud already have customers now still contemplating if i should still move. They only changed their minds in as far as Online trading is concerned. but the agency still remains..if you dont have OST then u still have to sign consent to one of the agents..
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Rank: New-farer Joined: 4/19/2011 Posts: 49 Location: Nairobi
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chemos wrote:Aguytrying wrote:mwekez@ji wrote:They’ve changed their mind, so I’ll stick with them (and not through an agent). This whole saga has made me realize that my relationship with CFC is very shaky imagine this is the second time they have attempted this. rem last year?though it was slightly different. i wonder why they changed their mind? many customers wanting to leave? i was ready to go back home sib. genghis u have responded slowly. ud already have customers now still contemplating if i should still move. They only changed their minds in as far as Online trading is concerned. but the agency still remains..if you dont have OST then u still have to sign consent to one of the agents.. And if you have OST and wish to go through the agents' door, still you are free to sign the consent form and the process will be effected.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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MoG wrote:And if you have OST and wish to go through the agents' door, still you are free to sign the consent form and the process will be effected. Why would anybody want to go through an agent when CFC doors are open?
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mwekez@ji wrote:MoG wrote:And if you have OST and wish to go through the agents' door, still you are free to sign the consent form and the process will be effected. Why would anybody want to go through an agent when CFC doors are open? @mwekez@ji do you have a communication from them on their change of mind. Hii mambo ya kucheza na pesa ya watu hatutaki! Damn, some of us have invested 99% of our networth at the nse! Life is short. Live passionately.
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Rank: New-farer Joined: 3/3/2010 Posts: 79
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@mwekez@ji do you have a communication from them on their change of mind. Hii mambo ya kucheza na pesa ya watu hatutaki! Damn, some of us have invested 99% of our networth at the nse! [/quote] Here's the e-mail that i received after i sent them an e-mail telling them i don't want to transfer to an agent. Dear Customer Our communication on the recent review of our business model refers. Since you are already registered on our Online Share Trading platform, you are not required to sign the consent form. However, should you wish to change your point of transaction from this to either CentSavvy Investments Ltd or Investax Capital Ltd, then please state your preferred customer contact point on the form and return it to us duly completed to facilitate your request. Please be advised that we have upgraded and renamed our website to:-www.cfcstanbic.co.ke To register for Online Share Trading, please Visit our website on http://www.csfs.co.ke/activelite/ and Click on the hyperlink labeled “New User Registration”. For queries on the web interface kindly send an e-mail to ost@stanbic.com Knowledge is contagious...Infect truth!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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But why is Activelite almost always 'not available'? GOD BLESS YOUR LIFE
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Rank: Elder Joined: 5/26/2009 Posts: 1,793
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youcan'tstopusnow wrote:But why is Activelite almost always 'not available'? I have the same problem. For the past month, I haven't logged even once. Those password changes are so many to memorize unless one is a daily trader...always blocks the account trying to memorize them.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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kenmac wrote:youcan'tstopusnow wrote:But why is Activelite almost always 'not available'? I have the same problem. For the past month, I haven't logged even once. Those password changes are so many to memorize unless one is a daily trader...always blocks the account trying to memorize them. It might be best to just move on  Does one need to sign the form in order to effect a transfer? GOD BLESS YOUR LIFE
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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Woi. Cfc customers i feel for you .
You'll go round and round in circles before you get to the bottom of this.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Afroblk wrote: sparkly wrote:
@mwekez@ji do you have a communication from them on their change of mind.
Hii mambo ya kucheza na pesa ya watu hatutaki!
Damn, some of us have invested 99% of our networth at the nse!
Here's the e-mail that i received after i sent them an e-mail telling them i don't want to transfer to an agent. Dear Customer Our communication on the recent review of our business model refers. Since you are already registered on our Online Share Trading platform, you are not required to sign the consent form. However, should you wish to change your point of transaction from this to either CentSavvy Investments Ltd or Investax Capital Ltd, then please state your preferred customer contact point on the form and return it to us duly completed to facilitate your request. Please be advised that we have upgraded and renamed our website to:-www.cfcstanbic.co.ke To register for Online Share Trading, please Visit our website on http://www.csfs.co.ke/activelite/ and Click on the hyperlink labeled “New User Registration”. For queries on the web interface kindly send an e-mail to ost@stanbic.com However, for me, i had not yet written to them, like @Afroblk did, to informing them of my intention to move.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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The mail is a reaction to stop exodus but reading it keenly it lacks details and doesnt confirm that...
1. they have backed off
2. once registered online you will deal through CFC not agents
3. when selling you may or may not be asked to collect your cheque from the agent (meaning you register, through arm twisting).
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mwekez@ji wrote:Afroblk wrote: sparkly wrote:
@mwekez@ji do you have a communication from them on their change of mind.
Hii mambo ya kucheza na pesa ya watu hatutaki!
Damn, some of us have invested 99% of our networth at the nse!
Here's the e-mail that i received after i sent them an e-mail telling them i don't want to transfer to an agent. Dear Customer Our communication on the recent review of our business model refers. Since you are already registered on our Online Share Trading platform, you are not required to sign the consent form. However, should you wish to change your point of transaction from this to either CentSavvy Investments Ltd or Investax Capital Ltd, then please state your preferred customer contact point on the form and return it to us duly completed to facilitate your request. Please be advised that we have upgraded and renamed our website to:-www.cfcstanbic.co.ke To register for Online Share Trading, please Visit our website on http://www.csfs.co.ke/activelite/ and Click on the hyperlink labeled “New User Registration”. For queries on the web interface kindly send an e-mail to ost@stanbic.com However, for me, i had not yet written to them, like @Afroblk did, to informing them of my intention to move. I also received the email on OST. Looks like someone is reading Wazua at CFC because the turn-around was quite fast. nevertheless there is still a cloud hanging over the whole saga. Geghis you are so quiet, customers are crying out. Life is short. Live passionately.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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sparkly wrote:[quote=mwekez@ji][quote=Afroblk]
Geghis you are so quiet, customers are crying out. Or are you also looking forward to adapt the CFC business model
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Rank: New-farer Joined: 4/19/2011 Posts: 49 Location: Nairobi
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mwekez@ji wrote:MoG wrote:And if you have OST and wish to go through the agents' door, still you are free to sign the consent form and the process will be effected. Why would anybody want to go through an agent when CFC doors are open? Thats what they communicated to me. I found myself asking the very question you've asked me! Anyway, for them who prefer agents to cfc,let them do as they please. Its their hard earned piece of cake they are exposing to the flies!(my opinion).
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Rank: New-farer Joined: 4/19/2011 Posts: 49 Location: Nairobi
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youcan'tstopusnow wrote:kenmac wrote:youcan'tstopusnow wrote:But why is Activelite almost always 'not available'? I have the same problem. For the past month, I haven't logged even once. Those password changes are so many to memorize unless one is a daily trader...always blocks the account trying to memorize them. It might be best to just move on Does one need to sign the form in order to effect a transfer? If one so wishes. Consent gives cfc the go-ahead to effect the transfer.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Jamani wrote:3. when selling you may or may not be asked to collect your cheque from the agent (meaning you register, through arm twisting).
Please stop reading my mind  GOD BLESS YOUR LIFE
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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MoG wrote:youcan'tstopusnow wrote:kenmac wrote:youcan'tstopusnow wrote:But why is Activelite almost always 'not available'? I have the same problem. For the past month, I haven't logged even once. Those password changes are so many to memorize unless one is a daily trader...always blocks the account trying to memorize them. It might be best to just move on Does one need to sign the form in order to effect a transfer? If one so wishes. Consent gives cfc the go-ahead to effect the transfer. cfc or the agent? GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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youcan'tstopusnow wrote:Jamani wrote:3. when selling you may or may not be asked to collect your cheque from the agent (meaning you register, through arm twisting).
Please stop reading my mind  So you thought the same? This may just be what will happen....
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