1 reviews | Active since Jul 2011
Holding money over public holidays.
I am less than impressed with Standard Bank. My salary was paid on the 30th October before 10 am and it is now the 2nd November 14:00 and still it is not reflecting. First, I was told it takes 48 hours to clear, then I was told 2-3 working days. I have debit orders going off on the 1st and 2nd and yet this does not seem to worry Standard Bank. The transfer was done from FNB to Standard Bank - the money was cleared by FNB and is with Standard Bank! The fact that you are holding on to it for longer than any other bank is disgusting! I am not asking for immediate clearance or even next day clearance but 4 days to clear? I will be taking my business elsewhere. This is going to cost me in charges for debit orders that will bounce! And it is completely out of my control!!
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