RR
Rethabile R

1 reviews | Active since Jun 2017

04 Jun 2017, 22:02

I need understanding on my recent overdraft interest calculation

<p>Please kindly advice how my overdraft interest was worked out this month.</p> <p>My understanding is its 17% p.a up to 24th. Now I reduced it to 59.5 a few days before 24th which should have been calculated on this and not on the old limit. I strongly feel that the interest you charged is incorrect because when I do my own calc it's comes way less than what you charged. Please review, help and let me know. </p>

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Replies (1)
Standard Bank
Standard Bank's reply13 Jul 2017, 10:33
Official

Dear Customer

Thank you for posting the message and allowing us the opportunity to look into the matter.

We will be in contact with you shortly.

Thanks,

Complaint Resolution Centre

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