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Tasneem Petrus-Barnes

1 reviews | Active since Oct 2013

28 May 2025, 20:50

Lack of Communication and Feedback on Provisionally Approved Revolving Loan

On 27 May 2025, after 13:04, my husband received a provisional approval for a revolving loan from Standard Bank via the banking app. He immediately received the contract, completed it, and submitted all the required documents as requested. Since then, there has been no communication or update from the bank.

Every time he tries to follow up via the app, the status simply says "in process" — with no indication of what steps have been taken or what the outcome is. This lack of feedback is extremely frustrating, especially when a decision or next steps should be communicated promptly.

We expect a reputable institution like Standard Bank to provide better transparency and communication throughout such an important process. Can someone from the bank please urgently clarify what has been done, what the current status is, and what the outcome will be?

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Replies (2)
Standard Bank
Standard Bank's reply28 May 2025, 22:17
Official
Dear Tasneem Petrus-Barnes,

We are truly saddened to hear about your experience. 

We understand how frustrating this must be for you, and we take these matters very seriously. 

Please be assured that we will address your query with the utmost urgency. 

We will be taking a closer look into the issue and will get back to you shortly.

Kindest regards,
Standard Bank Hello Peter Team
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Standard Bank
Standard Bank's reply29 May 2025, 12:02
Official
We have spoken to the account holder and would like to sincerely thank you for giving us the opportunity to address your concern. 

We’re pleased that we were able to assist you.

Should you require any further assistance, please don’t hesitate to reach out to us — we’re here to help.

Kindest regards,
Standard Bank Hello Peter Team
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