1 reviews | Active since Dec 2011

13 Feb 2025, 16:03

Deceased Estate wrap up

I am trying to resolve my mother deceased estate. First the bank "freezes" my mother and fathers joint account without notification of any kind, second, we visit the branch to find out that they in fact froze the account around the 21st January. On 27th January I paid a large sum of money into the account to pay my fathers debit orders, etc not knowing the account was frozen of course. To be told that they can still accept money into the account but you can't pay anything out of the account. We provide all the required documents in the branch to the deceased estate. The lady at the branch was very pleasant and helpful. However the Deceased Estates department is pathetic. They don't read documents you have provided, make assumptions and don't follow their own instructions provided in writing. Then today, a confirmation of bank account letter from another bank which has a valid bank stamp on it, valid for 3 months must now be certified!! But if you do a bank confirmation letter from Standard Bank itself on a bank account held with them, they issue the very same letter, in the same format with the very same/similar stamp on it verifying the account!! This is pathetic service. Meantime, the money sits in an account, where you don't have access and they refuse to confirm that credit balances will secure interest at a suitable interest rate. Thank goodness I don't bank with Standard bank. Sadly my husband does. This is pathetic!! I am at the point of engaging a lawyer in this case. They will pay counsel costs if they carry on like this.

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Replies (3)
Standard Bank
Standard Bank's reply13 Feb 2025, 16:06
Official
Dear Sara, 

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 apologise for any inconvenience or unwarranted frustration this has given you. 

Kindest regards, 
Standard Bank Hello Peter Team 
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's update14 Feb 2025, 10:51
Reviewer Update
So, I received a call yesterday stating that a manager from Deceased Estates would call me back yesterday, this didn't happen. Then a person from the Hello Peter Standard bank called and stated they would call me this morning between 09:00 - 09:30am, this did not happen either. Standard bank you have till COB today to resolve this issue or i take it to legal counsel.
Standard Bank
Standard Bank's reply14 Feb 2025, 11:09
Official
Dear Sara

Thank you for flagging this matter with us.

We will follow up with our team and we will be in touch.

 Please keep an eye out for further comments.

Kindest regards, 
Standard Bank Hello Peter Team 
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