AC
Antony C

1 reviews | Active since Jan 2013

02 Feb 2015, 13:19

No communication and very poor service

I am one of Standard banks private clients. I am also the Trustee of a Trust and responsible for it's financial affairs. On the 13 October 2014 the Trust's bank account was closed and I was not informed by email or by telephone. I only discovered this when I received post on 21 January when i received a statement indicating that the account was closed due to KYC non-compliance. Clearly this could have been rectified by one phone call or email. The bank has my details not only from opening this account but because I am a private client. This is very frustrating as the Trust has investment debit orders to pay companies in February and I now need to open another account with another branch. Luckily my private banker and investment advisor are both assisting me. Standard bank Key West- you can do better and treat the banks customers with dignity and respect! We are not just account numbers that can be terminated without any communication

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Replies (1)
Standard Bank
Standard Bank's reply03 Feb 2015, 10:14
Official
Hello Tony De Coito,

Thank you for your posting and allowing us an opportunity to investigate your complaint.

This matter will be assigned to a resolution specialist who will contact you to resolve your complaint.

Kind regards

Complaint Resolution Centre
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