OTP is not for your protection.

Clients at Standard Bank are not seen as people and individuals. When a ***** occurs on your account and an OTP is utilized please note that the profile of the person who holds the account is not taken into account at all. The OTP system has not been put in place to protect the individual or client, it has been put in place to cover the Bank. Please also note that the Bank is very well aware of the modus operandi of the **********, but it seems the are oblivious to protecting themselves against them.