FP
Franca P

1 reviews | Active since Jun 2018

14 Jun 2018, 11:00

Overdraft facility fee when account not in overdraft

Standard Bank is deducting an amount of R57.50 on my cheque account for "Overdraft Service Fee" when my account is NOT in overdraft! Yes I do have an overdraft facility but do we now pay for that facility? Even though the account is in credit we still pay money towards an overdraft? How is this possible? I do not get any interest on this account but pay for the facility?? I am not satisfied with this kind of service when I have had my account with Standard Bank since 1980 and have never defaulted on this account!

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Replies (1)
Standard Bank
Standard Bank's reply14 Jun 2018, 16:11
Official

Dear Franca Pereira

Thank you for posting your comment.

We assure you that as an organization we are committed to providing the best possible service and assure you that this will be addressed as a matter of urgency.

We apologize for the inconvenience and undue frustration, this has caused.

We greatly appreciate your continued support

Kind regards

Complaint Resolution Centre
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