SS
Shaun S

1 reviews | Active since Jan 2026

04 Mar 2026, 15:58

Charged Overdraft Interest Caused by Standard Bank’s Own Fees

I am extremely disappointed with Standard Bank’s handling of my account.

I requested statements from the bank and was charged fees simply for asking for these statements. Because of these charges being deducted, my account ended up going into overdraft. As a result, Standard Bank then charged me overdraft interest on an overdraft that only occurred because of their own statement fees.

When I queried this, I expected the bank to correct the situation and refund the interest, as the overdraft was caused by their deductions. Instead, I was told that the interest would not be refunded.

It is very frustrating that a customer can be charged for requesting their own account statements, and then also be penalized with overdraft interest because of those charges. This feels unfair and unreasonable.

I would appreciate Standard Bank reviewing this matter properly and refunding the overdraft interest that was caused by these deductions.

Original: https://www.hellopeter.com/standard-bank/reviews/i-am-extremely-disappointed-with-standard-bank-***

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Replies (1)
Standard Bank
Standard Bank's reply04 Mar 2026, 16:13
Official
Dear Shaun, 

Thank you for bringing this issue to our attention. 

As Standard Bank, we are committed to providing you with the best possible service and will ensure that this issue is taken care of. 

We sincerely apologize for any inconvenience or unwarranted frustration this has given you. 

Kindest regards, 
Standard Bank Hello Peter Team 
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