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sydneympolokeng S

1 reviews | Active since May 2017

01 Dec 2025, 12:15

HONOURING FEES

HONOURING FEES - YET AGAIN FOR THE SECOND TIME IN A YEAR, AFTER THEY WERE REVERSED THE LAST TIME. I JUST FEEL HONOURING FEE MEANS THEY HAVE HONOURED SOMETHING BUT IN THIS CASE I AM CHARGED HONOURING FEE YET I PAY FOR ALL MY TRANSACTIONS AND STILL GET CHARGED BANK FEES, MONTHY FEES, TRANSACTIONAL FEES AND THEN ALL OF SUDDEN YET AGAIN FOR THE SECOND TIME AFTER BEING REVERSED I AM CHARGED WHAT STANDATD BANK CALLS - HONOURING FEES... I AM ALREADY PAYING TOO MUCH - PLEASE RETURN OR REVERSE TO CONTINUE KEEPING ME AS A CLIENT.

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Replies (1)
Standard Bank
Standard Bank's reply01 Dec 2025, 12:30
Official
Dear Sydney 

Thank you for writing to us.

Honoring fees are charged when you process a transaction and do not have enough funds to cater for that transaction. Merchants take 2-3 days up to 6 months to bank their transactions. Furthermore, funds need to be available and enough to cater for these transactions. Once a transaction is banked and there are not enough funds in your account  to honor the transaction; an honoring fee will be charged because the merchant will already be paid. The fee will be equivalent to the transaction amount if the transaction is below R100.00 and will be R100.00 if the transaction is over R100.00.
 
Please ensure that you cater for all your transactions and fees once you are debited to avoid any penalty fees that will charged. 

Kind regards 

Standard Bank Help Centre
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