FNB joins Absa in closing Surve-linked IT company AYO s accounts sanantoniopost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sanantoniopost.com Daily Mail and Mail on Sunday newspapers.
Iqbal Survé s AYO Technology Solutions says FNB has notified it about the pending closure of its transactional bank account on 3 May. (Photo by Gallo Images/Phill Magakoe)
FNB has decided to sack Iqbal Survé-linked IT company AYO Technology Solutions as a client from 3 May.
AYO announced its account s closure in a cautionary announcement published on the Stock Exchange News Services on Thursday evening.
The company said it was notified about the pending closure of its transactional banking facility without any valid explanation and therefore it had decided to take up a legal fight with FNB. Despite the company s best efforts, FNB has not provided AYO with what it regards as valid reasons for termination.