CH
Cairine H

1 reviews | Active since Feb 2025

05 Feb 2025, 18:18

Account Frozen with zero notification

Our business bank account has been frozen for outstanding FICA documentation. All documentation was supp**** to Standard Bank on the 13th September last year as part of our KYC review and we received an acknowledgement of receipt from the bank. We were not asked to provide further documentation nor were we contacted by our business banker to request the proof of address or regarding the imminent freeze. Plus, the supposed outstanding documents were part of the September submission. On top of that, we supp**** our documents last week Friday and are now expected to attend a teams meeting this Friday. It's been over a week and the lack of service, when we have had our business bank account for over 20 years with them, is unacceptable. Our branch closed over 3 years ago and we were not even contacted by our new business banker, we only got their details when contacting our bank to find out why we were unable to transact on our account. We are bitterly disappointed and are looking into other options for our business transactions.

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Replies (1)
Standard Bank
Standard Bank's reply05 Feb 2025, 20:41
Official
Good day Cairine, 

Thank you for contacting us for assistance. 

We try very hard to make every customer’s experience enjoyable, and we really regret not being able to meet your expectations this time. 

We will do our best to resolve this issue as soon as possible and find a solution that works for you. 

Our team will contact you to assist you. 

Kindest regards, 
Standard Bank Hello Peter Team 
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