MR
Mamiki R

1 reviews | Active since Apr 2026

07 Apr 2026, 00:26

Denied extra funds that I paid to my bond,even when I had access bond on the account.

I have a home loan with standard bank. It is left with a year to be paid up. The monthly payment was calculated and I never missed a payment.I had access bond on the account. Now I had a windfall and decided to park the money on the bond knowing that I will get it to pay my other accounts when I needed it. Standard Bank refused to avail the extra funds I paid in.This came as a shock because I had access bond.Their reason was that it is the final year of the bond hence the lump sum I paid in will not be released.I engaged the ombudsman but that did not help.I am a very unhappy customer and reading the reviews on this bank,proves my point that one need to be very careful when dealing with standardbank!!! I have given up.

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Replies (1)
Standard Bank
Standard Bank's reply07 Apr 2026, 07:04
Official
Dear Mamiki

Thank you for alerting us to this. 

We have reached out to the relevant team that have dealt with this matter  and we will provide an update.

Please be on the look out for further feedback.

Kindest regards
Standard Bank Hello Peter Team 
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