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Manshil M

1 reviews | Active since Sept 2012

02 Nov 2015, 15:16

Double monthly home loan payment

I've previously had this problem whereby money from my home loan access facility goes missing. One time, it took 3 weeks of going through various levels of the hierarchy before a regional manager had someone verify that my money indeed went missing, and paid it back. Not before I felt like I had to harass the bank to pay attention and follow up.The next time my home loan account was double paid - from my bank account and from my access facility (which I use to deposit extra money in). Both times, I wasn't provided an adequate explanation as to the cause of this serious systems glitch. This month, again, two amounts are paid toward my home loan. I.e. Standard bank get use of my money which I can ordinarily access whenever I want. This is an opportunity cost to me, and a waste of time pursuing this same issue which seems to be a regular way to misappropriating clients' funds.

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Replies (1)
Standard Bank
Standard Bank's reply03 Nov 2015, 14:10
Official
Hello manshil,

Thank you for your posting and allowing us an opportunity to investigate your complaint.

This matter will be assigned to a resolution specialist who will contact you to resolve your complaint.

Kind regards

Complaint Resolution Centre
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