TM
Timothy M

1 reviews | Active since Jan 2018

04 Jan 2018, 07:27

Appalling treatment

On the 22nd of December, without informing me, Standard bank froze all of my accounts. After trying to pay for goods using my cards and being declined, I went into my branch to find out why. I was told that someone had reported one of my accounts as having received funds which had supposedly been hacked from someones account. The said transaction was a legitimate trade and i said i could give them proof of this, along with a selfie of the person holding up their SA ID document to prove that it was in fact the real person i was trading with. They refused to accept this information and said their investigators would look into it themselves. To date all of my bank accounts with Standard bank remain frozen and all my month end stop orders have bounced as a result of this, destroying my perfect credit history. I am a Prestige Standard bank customer and have been banking with them for over 25 years. I am totally appalled that this can happen, and that they have still not contacted me in this regard. When I asked why I had not been contacted they said because they had been unable to reach the person who had made the accusations, as he has not been answering his phone for the last 2 weeks. Surely this should tell them something! Is it right that someone can make an accusation like this without any sort of proof, and that the bank can freeze ALL accounts and funds immediately, and take over 2 weeks to resole the issue??? DISGUSTING SERVICE STANDARD BANK!

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Replies (4)
Standard Bank
Standard Bank's reply04 Jan 2018, 07:33
Official

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. Kindly provide us with your account or id numbers in order for us to escalate your matter further to the below email address:

- Email: ***

We apologize for the inconvenience and undue frustration, this has caused.

We greatly appreciate your continued support

Kind regards

Niyaaz Jardine

Complaint Resolution Centre
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TM
Timothy M's update04 Jan 2018, 07:54
Reviewer Update
details given as requested
TM
Timothy M's update05 Jan 2018, 10:07
Reviewer Update
This seems typical of standard bank. I read the words About customer service being their priority, but still no one has contacted me in this regard. My account remains frozen, not even the courtesy of a phone call or email. I need to seriously reconsider my 25 year relationship with this bank which obviously does not understand the meaning Of customer service, or care about the impact that such an action will have on an individual. It is obviously time to take this matter further
Standard Bank
Standard Bank's reply10 Jan 2018, 10:38
Official

Dear Timothy Maguire

Thank you once again for your posting.

I refer to my email correspondence and can confirm that the matter has been attended to.

Kind regards

Clint Petersen

Complaint Resolution Centre

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