1 reviews | Active since Jul 2012
Dormant Account Service Fees added under debt review
I am really disappointed in Standard Bank. I once had an account with Standard Bank which ended up going into a negative balance to due to financial difficulties I was experiencing at the time and my daughter falling ill did not help the situation as I did not even have medical aid at the time. I was forced to go under debt review as a result of all the hardships I was experiencing as a single mom. I tried numerous times to go the Standard Bank branch to get the account closed but each time I would be told they could not assist me until I settle the negative balance. Are service fees supposed to be included as part of debt review or am I missing something here. I cannot even get a job at a reputable company because of this debt review flag. I am now unable to get out of debt review and rebuild my life because of the service fees which were charged on my account now in the amount of R2500+. I feel rather vindicated that a Bank (as an institution I trusted with my money can have no sympathy whatsoever and even go to the extent of handing over a dormant account for service fees. I would completely understand if this was a debt I took out but Service fees amounting to R2500? I am trying to rebuild my life and this account is not allowing me to do so. I am pleading with Standard Bank to come to the party and resolve this issue once and for all. I still have a savings account with standard bank and have even been afraid to use it to save for my child's education because of this situation. I have never even qualified for a single credit offering from Standard Bank to this date. If there is any human being alive who can hear my plea and understand my frustrations as it appears I will never be able to get out of debt review because of service fees on a dormant account dating back to 2014. Complaint number: ********** 137. I am completely shuttered that my dreams have to fall away due to dormant account service fees.
Thank you for posting your comment.
We assure you that as an organization we are committed to providing the best possible service and assure you that this will be addressed as a matter of urgency.
We apologize for the inconvenience and undue frustration, this has caused.
We greatly appreciate your continued support
Kind regards
Complaint Resolution Centre
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Thank you for posting your comment.
We assure you that as an organization we are committed to providing the best possible service and assure you that this will be addressed as a matter of urgency.
We apologize for the inconvenience and undue frustration, this has caused.
We greatly appreciate your continued support
Kind regards
Complaint Resolution Centre
***
*** (fax)
***
