Nasfund Contributors Savings and Loans Society (NCSL) Limited is still unable to process their members’ withdrawals or loan drawdowns to BSP bank accounts at this time, but it continues to work towards fixing this issue.
NCSL’s Chief Executive Officer (CEO) Mr. Vari Lahui said they continued to work closely with the BSP Financial Group Limited team to sort this matter out as soon as possible.
“We started the payment process, but there are some members (NCSL members) that are being left out of receiving their funds. So, we are working closely with BSP on this.”
The CEO explained that NCSL made the payments as per the withdrawal requests from members; however, the payment process for members who are BSP customers did not go through. That is why NCSL asked BSP as to why this has happened and has since been closely liaising with the BSP team to get some positive results, hopefully by this weekend.
Mr. Lahui also said that this week alone NCSL made a total payment of K1.2million in members’ withdrawals; therefore, the savings and loans society would like to see this issue cleared out as soon as possible so that their members can access their funds.
The CEO said that NCSL will advise its valued members on the outcome as soon as this matter is resolved.