1 reviews | Active since Nov 2009
Urgent Public Notice: Standard Bank Insurance services - Unreliable in Handling Insurance Charges
It is with deep frustration and disappointment that I must address the ongoing issue of Standard Bank charging me an incorrect funeral premium of R709.87 without my consent. Despite assurances from Marcia Modise since the 8th of January, promising that the fee would be rectified and reversed, my policy documents, charges, and benefits remain unresolved.
As today marks the 15th of January, 2026, Standard Bank has failed to fulfill their promises, leaving me in a continuous state of uncer*****y and financial burden. It is unacceptable that the bank has taken money from my account without my knowledge or agreement.
I strongly advise the public to exercise caution when considering insurance services with Standard Bank or to diligently check their charges. Money is being deducted from customers' accounts without consent or proper justification, and the lack of transparency in their practices is concerning.
This warning to all potential customers: be wary of entrusting your financial security to Standard Bank, as they have proven to be unreliable and ************* in handling insurance charges. Sharing this information is essential to alert others of the risks associated with banking with Standard Bank.
They will mess up the charges, not rectify them, incorrect policy documents, then after years of taking your money, even cancel your funeral insurance.
My reply today:
Dear Langa
Kind Regards.
Good Day
We trust that this e-mail finds you well.
We acknowledge receipt of your complaint and thank you for bringing your concerns to our attention.
Kindly be advised that we are currently investigating the circumstances surrounding the matter and we will revert with an update shortly.
Please be advised that I am the complaint specialist that will be investigating and reviewing the matter. The resolution hereof may take up to 8 working days, however we humbly request that you please allow for deviation from the time frame as each matter is taken on its own merit.
We wish to thank you for your continued patience as well as for affording us the opportunity to review the matter.
Kind RegardsMr Langa Mtimkulu
Personal and Private Banking / Insurance Complaints Specialist / Assurance Division www.standardbank.comComplaints Tel: ***For escalations, please contact:Escalation - Team Leader: Itumeleng Ngxumza / ***
My reply today:
Dear Langa
Kind Regards.
Good Day
We trust that this e-mail finds you well.
We acknowledge receipt of your complaint and thank you for bringing your concerns to our attention.
Kindly be advised that we are currently investigating the circumstances surrounding the matter and we will revert with an update shortly.
Please be advised that I am the complaint specialist that will be investigating and reviewing the matter. The resolution hereof may take up to 8 working days, however we humbly request that you please allow for deviation from the time frame as each matter is taken on its own merit.
We wish to thank you for your continued patience as well as for affording us the opportunity to review the matter.
Kind RegardsMr Langa Mtimkulu
Personal and Private Banking / Insurance Complaints Specialist / Assurance Division www.standardbank.comComplaints Tel: ***For escalations, please contact:Escalation - Team Leader: Itumeleng Ngxumza / ***
