SM
Sibusiso M

1 reviews | Active since Aug 2009

20 Sept 2021, 10:00

Building Loan Standardbank.

I have a building loan with Standard Bank. They way it works is that they only pay for work completed. It was interesting for me to find out that there has been money paid out to the builder for work that has not been completed. When I asked for the assessors report to understand on what basis they paid out, I was told I could not get those. That seems unreasonable considering this is my loan that I need to repay. My banker has done her best to get information but it’s not forthcoming. I wonder what they are hiding form me. Not a great experience with this bank.

0
Replies (2)
Standard Bank
Standard Bank's reply20 Sept 2021, 15:25
Official
Good day Sibusiso

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****** 
SM
Sibusiso M's update28 Sept 2021, 09:08
Reviewer Update
Good day.

I received an email on Tuesday last week from Colin Kriel asking for details. I furnished those on Wednesday but have had no subsequent communication.

Very difficult getting help from Standardbank for this mess up.