SELL YOUR HOME USING FNB APP
FNB customers can now sell their home using the bank’s app and nav», the financial GPS on the FNB banking app. Customers can securely list and sell their homes privately to buyers who most likely qualify for a home loan. It also saves costs associated with the process.
Raj Makanjee, CEO of FNB retail, says: “Substantial investment has been made to ensure that our digital platforms are not only helpful but also built to enhance the overall customer experience; ultimately helping consumers to help themselves.”
The chief imagineer of nav», Jolandé Duvenage, says: “The new functionality allows known FNB sellers to connect with known FNB buyers in a reliable, cost-saving and secure environment. This allows us to build on our existing home marketplace, which enables a client to sell either through an estate agent or privately.”
Sellers and buyers can engage, arrange to view a listed property and negotiate the price via secure chat on the FNB banking app.
“Sellers and buyers can disclose personal contact information only when they are comfortable to do so,” says Duvenage.
Buyers get 50% back in eBucks on the first home loan repayment and up to 50% off their bond registration fees when engaging with a selected panel of attorneys.
FSCA WARNS ABOUT FINANCIAL GROUP HOUSE DIRECT AND EXPRESS CASH INVESTMENTS
The Financial Sector Conduct Authority (FSCA) has issued a warning about dealing with Financial Group House Direct, based in Kempton Park, Gauteng, which operates under the company registration number 2017/496837.07. It deals in freight investment, industrial investment, property investment and forex trading. However, the authority has heard that it is offering investment to members of the public, claiming that if you invest R500, it will turn into R17 006 in just six months.
The FSCA also warns against dealing with Express Cash Investments, which is advertising a “double-your-money investment opportunity” on Facebook and is collecting money from investors. It promises a substantial return on investment. Express Cash Investments uses financial service provider (FSP) authorisation number 45799. However, this belongs to authorised FSP Express Wealth Financial Solutions, which has no association or dealings with Express Cash Investments.
If you are uncertain about an individual or entity, the authority encourages you to contact its toll-free number 080 011 0443 or visit its website at fsca.co.za.
INSURANCE TO COVER COSTS OF CYBERBULLYING
The extent of cyberbullying in South Africa has prompted 1st for Women Insurance to launch the first cyberbullying insurance product in the country to address the financial and legal burdens associated with cyberbullying.
Casey Rousseau from 1st for Women says: “The costs of addressing cyberbullying can be astronomical, with lawyers charging about R3 000 an hour for consultations alone. Also, in many instances, legal intervention is needed to put a stop to the bullying and bring the perpetrators to justice.”
The prevalence of cyberbullying in South Africa is one of the highest in the world, with a quarter of parents reporting that their child had been or was being cyberbullied, according to this year’s Ipsos Global Advisor study conducted in 28 countries. The findings from another survey conducted by 1st for Women reinforces the magnitude of this growing problem, with 64% of the 4 000 participants believing their children were at risk.
Rianette Leibowitz, an expert on cyberbullying and founder of SaveTNet Cyber Safety NPC, agrees: “Besides the alarming statistics, cyberbullying has been the cause of many young people going as far as taking their own lives.”