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Totally flagabasted with CFC!
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RichVee
#1 Posted : Thursday, February 04, 2010 6:35:09 AM
Rank: Member


Joined: 1/26/2010
Posts: 124
Does Wazua allow for venting?

It is my stockbroker, CFC! One week after I wired funds, and having emailed them proof of transfer, nothing doing! I wrote them a complaint in capital letters, and within 5 mins i got a reply asking me to email proof of payment ??!?!?!?!?

At the same time, I had rela deposit some funds for me,a week ago, which they did quoting my CDS no, guess what? A week later, nothing doing, no funds. Their answer is that they need a deposit slip. Now, pls help me out here, is there a fax that can deposit a deposit slip right into someone's mouth? I need one!

Okay that is out of my chest. Happy trading!
Tired of mediocrity. Am going to the very top!
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mwanafunzi
#2 Posted : Thursday, February 04, 2010 7:20:36 AM
Rank: Member


Joined: 12/3/2008
Posts: 113
Used to be my broker.they used to be good.they used to call to confirm my postal address before sending my checque..nowadays i dont know.though my current broker has branches all over kenya with timely cash transfers.though each house has its own down side.
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VituVingiSana
#3 Posted : Thursday, February 04, 2010 7:28:11 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,259
Location: Nairobi
CFC -> CFC Stanbic
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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RichVee
#4 Posted : Thursday, February 04, 2010 7:36:58 AM
Rank: Member


Joined: 1/26/2010
Posts: 124
VituVingiSana wrote:
CFC -> CFC Stanbic



@ vvs - thanks for the correction. Is there another CFC?
Tired of mediocrity. Am going to the very top!
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VituVingiSana
#5 Posted : Thursday, February 04, 2010 7:42:45 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,259
Location: Nairobi
RichVee wrote:
VituVingiSana wrote:
CFC -> CFC Stanbic



@ vvs - thanks for the correction. Is there another CFC?


I meant that for most folks the 'issues' started after CFC -> CFC Stanbic
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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RichVee
#6 Posted : Thursday, February 04, 2010 10:02:07 AM
Rank: Member


Joined: 1/26/2010
Posts: 124
@VVS - Ooohh. I've got it now :)
Tired of mediocrity. Am going to the very top!
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mukiha
#7 Posted : Thursday, February 04, 2010 10:42:28 AM
Rank: Elder


Joined: 6/27/2008
Posts: 4,114
Pole sana.

Just plan and move out....perhaps the next time you are around
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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mdosi
#8 Posted : Thursday, February 04, 2010 5:49:19 PM
Rank: Member


Joined: 2/1/2007
Posts: 112
Location: Nairobi
I feel you on that @Richvee. Forgive me for repeating my story here for 1000th time but i experienced that delay in uploading funds from the bank(CFC Stanbic) to my trading accounts @CFCFS. It started taking more time sometimes up to a week and my breaking point was when i missed KQ @ ksh 21 because of those delays. There were delays too on emails too of up to 3 days before processing sale/buy orders. No amount of persuasion could stop me from leaving. Now i am with Sterling investment bank and everything is smooth sailing.
It's amazing what you can achieve when you get rid of fear.
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lovely2010
#9 Posted : Friday, December 03, 2010 8:44:10 AM
Rank: Member


Joined: 10/25/2010
Posts: 519
Location: nairobi
mdosi wrote:
I feel you on that @Richvee. Forgive me for repeating my story here for 1000th time but i experienced that delay in uploading funds from the bank(CFC Stanbic) to my trading accounts @CFCFS. It started taking more time sometimes up to a week and my breaking point was when i missed KQ @ ksh 21 because of those delays. There were delays too on emails too of up to 3 days before processing sale/buy orders. No amount of persuasion could stop me from leaving. Now i am with Sterling investment bank and everything is smooth sailing.


I truly like cfc, and I have pigiad debe for them like crazy but, with these problems they have been causing lately my head is ringing STERLING. If its a temporary problem they should alert investors and we will calm down.
Please I need details on sterling: are they trading online, are they fast, what documents do they require, how are their services etc. Location I'll google. just incase I decide to move....
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