Hi All,
I have a problem with my new business bank account that the branch cant seem to resolve for me. I changed my business from a sole prop to a Pty Ltd and with it came a new bank account.
Unfortunately i chose Standard Bank, Opeened the account on the 20th and after being reassured by the consultant that all is operational I received a phone call that CIPC has not updated some website the bank use to verify business registrations and as such my account has now been suspended.
Problem is this, I changed all my banking details with my clients and they processed there payments into the new account already. I moved my working capital from my old account to the new this morning....
I am now sitting with all my April payments and all my capital in an account that cant be accessed. I cant pay my staff, overheads or suppliers and no one can assist.
I have emailed the branch manager with no repsonse to date and just get the generic "We will get back to you" from my business banker.
Any help would be appriciated.
0817234221
[email protected]
