JM
Jacques M

1 reviews | Active since Oct 2014

11 Jun 2020, 10:05

Covid-19 Debt Relief

Before the lockdown, I received an email from Standard Bank to inform me that my business loans will be granted an automatic payment holiday of 3 months. It even stated that, if you do not want the payment holiday, you should let them know by email. I was glad about this, because my tenants could not afford the full rental during this time. I was planning on giving the tenants some relief, but now I hve to cover the short rental payments myself. It has now been 3 months and the home loan installments are still being deducted from my account. I've sent numerous emails to my private banker, business banker and the Standard Bank debt collection department, where I was told to APPLY for the payment holiday, but nobody has contacted me yet. I also phoned the home loans department and they said somebody would definately call me. Nobody ever did. This is the worst service in this time of need.

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Replies (2)
Standard Bank
Standard Bank's reply11 Jun 2020, 11:09
Official
Hello Jacques

Thank you for posting your comments. 

Your matter was escalated accordingly. We will revert to you as soon as possible. 

Kind regards 
Complaint Resolution Centre 
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Standard Bank
Standard Bank's reply30 Jun 2020, 13:10
Official
Dear Jacques

Thank you once again for posting your comments.

I refer to our email correspondence with each other and can confirm that this matter has been attended to.

Kind regards

Clint Petersen
Complaint Resolution Centre
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