AM
Aloysha M

1 reviews | Active since May 2012

13 Oct 2016, 08:25

Cash deposit delay

<p>Hi. I did an ATM cash deposit last week Thursday and immediately got a technical error but no SMS notification for the deposit. I went into the branch to inform Standard bank of the problem within 5 minutes of the incident. The fault was registered by one of the Consutlants and I was given the Service Request number ********** 520 by SMS. The turnaround time was communicated as 2 days.IT IS NOW 8 DAYS LATER.</p> <p>I am disturbed by Standard Bank's business rule to have the customer wait out the internal investigation until the bank feels they are ready to take action. As a major financial institution, the bank is fully aware of the interest implications this delay has to their benefit. The compounded effect of this kind of business practice for the bank globally HUGELY benefits the bank. The practice is is extremely ************ and DEVIOUS. Pity for your millions of unenlightened customers who are taken advantage of in such a manner.</p> <p>My service request remains unsolved.</p> <p>I believe I am within my rights to expect the interest on the deposit abount to be credited to my account for ALL the days that it did NOT reflect in my account.</p> <p>Regards </p>

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Replies (7)
Standard Bank
Standard Bank's reply13 Oct 2016, 15:50
Official

Good day Aloysha

Thank you for your posting.

Please note that further details have been requested from you via email in order for us to address your concerns.

We await your response.

Best regards

Complaint Resolution Centre

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AM
Aloysha M's update13 Oct 2016, 16:08
Reviewer Update

Hi

Thank you for the response. I look forward to the email which I have not yet received.

Regards

Aloysha

Standard Bank
Standard Bank's reply14 Oct 2016, 09:30
Official

Good day Aloysha

Please note that we have sent the email to the email address provided to us on your profile. Should this email address not be active please provide us with another email address that we can forward to email to.

We have requested your ID and account number.

Should you not have another email address, kindly send us your ID number to the email address below or in a personal message.

We patiently await your response.

Best regards

Complaint Resolution Centre

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Standard Bank
Standard Bank's reply14 Oct 2016, 14:00
Official

Good day Aloysha

Thank you for your posting and allowing us an opportunity to investigate your complaint.

This matter will be allocated to a resolution specialist who will contact you to resolve your complaint.

Kind regards

Complaint Resolution Centre

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Standard Bank
Standard Bank's reply17 Oct 2016, 09:13
Official

Thank you for bringing your concerns to our attention.

Your concerns have been escalated to our management team.

Thank you for being a loyal customer.

Kind regards

Zeenath Hassen

Complaint Resolution Centre

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Standard Bank
Standard Bank's reply17 Oct 2016, 09:13
Official

Thank you for bringing your concerns to our attention.

Your concerns have been escalated to our management team.

Thank you for being a loyal customer.

Kind regards

Zeenath Hassen

Complaint Resolution Centre

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AM
Aloysha M's update17 Oct 2016, 09:50
Reviewer Update

Hi Zeenath

Thank you for your reply.

What about the interest?

Regards

Aloysha