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yoshine N

1 reviews | Active since Nov 2019

12 Nov 2019, 11:39

"Account Pending Closure" for 3 years--- still open when I was assured it was closed after I signed the account closure Forms.

I am a standard bank customer for +15 years. A few years ago I have come to realize that my student achiever account was still open. When i started working I was told by the bank that I need to apply for a cheque account as I cannot qualify for the same rates as a student. So my assumption was that the student achiever account would have been closed as my card was taken away. Fast forward a few years, I go to the bank to do some banking and I was told by the consultant that my student achiever account is still active and has a negative balance. I could not understand why, as it should have been closed- After a big apology by the bank - I asked for reversals to be done on the service fees they were charging me- I have shares with a few companies and the money was going into that student achiever account that was off setting the service fees.

Anyway all this happened on DEC 20 2016 - at the Chilli lane branch in Sunninghill. The reversals were done the consultant asked me to sign a form to officially close the account as the failed to do this when i opened my cheque account!

But guess what I find out yesterday ? that student achiever account is still OPEN with the status "PENDING Closure" i am now owing an amount of R2000+ ....

So please explain to me what has happened since Dec 20th when I signed the forms to close the account and was assured that the account is closed!!!!!!!

I asked over the phone for a statement showing all the monies that were coming into that account and was told that I need to come into the bank. Because Standard bank staff are *********** and useless and fail to do their job - I must be inconvenienced for their lack of professionalism.

I want all the money that was paid into that account from shares to be reimbursed to me - I want a letter from the bank stating that the account is NOW CLOSED. So standard bank had "Pending Closure" for 3 years on this account but still taking away service fees for the past 3 years????

Standard bank is too quick to charge you interest rates but when it comes to doing your job you do NOT DELIVER.

Yesterday I called to order a new Cheque Card as mine was lost - I have a debit card I am using- the consultant did not tell me when he orders a new card he will wipe out my internet profile!!! so I could not do any transactions on my phone!!!! all my beneficiaries are also wiped out. He should have at least made me aware what the steps and consequences of ordering a new card will be, Further to this - I was never made aware that doing inter account transfers from Credit card to Cheque account will result in the cash finance charge amount. Or i would never have done it.

I will be paying of my credit card and moving my account to a bank that appreciates and values its customers. Standard bank is only good for offering credit limit increases- that is the only time you guys are efficient... You never tell the customers the full story. .

So to some up - I want all the money that is owing to me from the achiever plus account reimbursed to me asap! I want a "bank stamped" letter stating the account is closed. I will be closing down all my accounts with standard bank by December 31st.

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Replies (1)
Standard Bank
Standard Bank's reply13 Nov 2019, 04:07
Official
Hello Yoshine
  
Thank you for posting your comment. 
 
We assure you that as an organization we are committed to providing the best possible service and assure you that this will be addressed as a matter of urgency. 
 
We apologize for the inconvenience and undue frustration, this has caused.  
 
We greatly appreciate your continued support  
 
Kind regards 
 
Complaint Resolution Centre
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