DA
Dolly A

1 reviews | Active since Oct 2022

13 Oct 2022, 17:30

Never make international transaction through Standard Bank.

I made an international payment to a UK institution through Standard Bank, the beneficiary did not receive the funds due to wrong currency of payment because their account automatically reject the payment so the funds got held up in the bank. The beneficiary ask STD Bank to provide a proof of payment (MT199 document) so that they can trace the funds and initiate refund, shockingly STD Bank, a so-called official and reputable bank in South Africa could not provide this document to trace the funds they claim they have paid. I have been to every relevant department within STD Bank regarding this issue asking them to provide the required doc so I can have the funds back, no one has been able to assist, it has been blame shifting from one dep to another. Their International payment dep end up saying they have no means to provide the doc because their system is online, in order words they can't provide a proof of payment for a payment they made. They claim to pay but don't have an international proof of payment MT199 doc, upon that their customer service including their complaint division are absolutely terrible. Can anything be more pathetic than banking at such a bank?

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Replies (6)
Standard Bank
Standard Bank's reply13 Oct 2022, 17:43
Official
Good Day Dolly 

Thank you for raising your concerns with us. 

We have escalated your matter and we can assure you that the relevant team has your query in hand and has prioritized a resolution for you. 

Our team will be in touch with further feedback. 

Kind regards 
Standard Bank Help Centre 
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Standard Bank
Standard Bank's reply14 Oct 2022, 07:40
Official
Good Day Dolly

We have escalated your concerns to the relevant department .

We will keep you posted with progresss.

Kind Regards 

Standard Bank Hello Peter Team 
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DA
Dolly A's update14 Oct 2022, 09:50
Reviewer Update
"We've escalated your concerns to the relevant department" has been the national anthem from Standard Bank for the past two and a half weeks yet nothing gets done. Now again, you say you have escalated my concerns to make you look good in the public and make people think that you're doing something about it but that's just on the surface to protect your reputation but in actual fact, nothing is being done. If you were a good and reliable bank as you claim to be, you won't be here trying to protect what doesn't need to be protected. Your customer service and excellent banking experience would speak for itself. I hope many people can learn from me and not make the same mistake that I made of making an international payment through Standard Bank because they will regret it just as I'm regretting now. I wish I had gone to a bank that would take me and my money seriously.
Standard Bank
Standard Bank's reply14 Oct 2022, 09:53
Official
Dear Dolly 

Thank you for alerting us to this. 

We would like to make sure your matter is resolved as a priority. 

We have reached out to the relevant team so that we can ensure a speedy resolution. 

Please be on the look out for a call from our team. 

Kindest regards

Standard Bank Hello Peter Team 
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DA
Dolly A's update14 Oct 2022, 14:23
Reviewer Update
My concerns has been escalated, be on a look out for a call, it almost the end of business for Standard Bank but no one called. Indeed the issue has been escalated with high priority.
It sad how Standard Bank ruined my dreams of obtaining a higher education and make me become a beggar for my money.
Standard Bank
Standard Bank's reply14 Oct 2022, 14:46
Official
Hello Dolly

We regret the time it has taken to resolve this issue. Please be aware that you will receive immediate and appropriate feedback.

Regards
 
Standard Bank Hello Peter Team 
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