DV
Dylan V

1 reviews | Active since Nov 2016

08 Sept 2020, 13:39

Disappointing waste of time and money

Really disappointed at the lack of flexibility of this bank. I've got a student achiever account I've had for years. I never really used it much, but I've always transferred in a small amount every month to cover fees and create a small reserve pocket. Literally no other transactions. Lately I've noticed that the fees have gone up from the advertised 9 rand or so, to 70 rand a month? This is an obvious waste of money; so I've tried several options to resolve the matter, none of which the bank is willing to accommodate. They refuse to convert the account to the basic monthly account; when I asked why the fee is suddenly 70 per month, I get told thats the fee for the account these days; and they can't/ won't / don't want to assist with closing the account unless I go to a branch. Also wouldn't be an issue except for the fact that since half the branches have been axed, there is literally always a queue around the block just to get through the door.

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Replies (2)
Standard Bank
Standard Bank's reply08 Sept 2020, 15:04
Official
Hello Dylan

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 reply28 Sept 2020, 14:34
Official
Good day Dylan,

Thank you for bringing your concerns to our attention. 

Please be advised that your concerns have been escalated to our management team as per our telephonic conversation on the 28 September 2020. 
We appreciate your support and loyalty.  

We appreciate your patience and understanding.

Kind regards 
Complaint Resolution Centre