Should the bank's response be in writing? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

Should the bank's response be in writing?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

Yes.

Key points

  • According to Central Bank regulations, the bank's response to a complaint must be in writing or electronically, not just an undocumented verbal communication.

  • Keep a copy of the response and the date of receipt, as you have 15 business days to appeal if you don't accept it.

  • If an employee only explained the outcome over the phone, request the official or electronic response linked to the complaint number.

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