NM
Nicholene M

1 reviews | Active since Aug 2012

24 Feb 2026, 11:49

Overdraft Not Closed on ITC

I am writing to raise an urgent concern regarding an overdraft account that was fully settled almost three months ago, yet it continues to reflect as open/adverse on the Credit Bureau (ITC). Confirmation: The letter clearly states that the account “has been settled” and “will be closed and updated with the Credit Bureau,” with a standard turnaround time of approximately 45 days.

It has now been well over the 45‑day period, yet my ITC profile has not been updated, and the overdraft continues to reflect as active or adverse. This ongoing delay is negatively affecting my credit profile and causing unnecessary inconvenience. I kindly request the following:

Immediate closure/update of the overdraft account on your internal system. Urgent submission of the correct updated status to all major Credit Bureaus. Written confirmation from Standard Bank once the update has been submitted and processed.

0
Replies (7)
Standard Bank
Standard Bank's reply24 Feb 2026, 12:05
Official
Dear Nicholene

Thank you for bringing this issue to our attention. 

As Standard Bank, we are committed to providing you with the best possible service and will ensure that this issue is taken care of. 

We sincerely apologise for any inconvenience or unwarranted frustration this has given you. 

Kindest regards
 Standard Bank Hello Peter Team 
***

Best regards,

NM
Nicholene M's update02 Mar 2026, 15:27
Reviewer Update
I have since not received a response , may i have an urgent response please
Standard Bank
Standard Bank's reply02 Mar 2026, 15:41
Official
Dear Nicholene
 Our team attempted to reach you by phone but was unable to connect. 

Please let us know if you still require assistance with this query. 

We look forward to your response. 

Kindest regards
Standard Bank Hello Peter Team 
*** 

Best regards,

NM
Nicholene M's update02 Mar 2026, 17:16
Reviewer Update
hello i still require feedback, please call me
Standard Bank
Standard Bank's reply03 Mar 2026, 17:26
Official
Dear Nicholene,

Thank you for getting back to us. 

Please be on the lookout for our team's call.

Kindest regards, 
Standard Bank Hello Peter Team 
*** 

Best regards,

NM
Nicholene M's update04 Mar 2026, 12:15
Reviewer Update
Hello, may you please e-mail me with the response as i keep missing the call somehow and i don't want to go back and forth my email is *** 
Standard Bank
Standard Bank's reply04 Mar 2026, 13:46
Official
Dear Nicholene
 Thank you for your time on the call. 

Please share all related correspondence with us at your convenience, and we will be happy to assist you further. 

We look forward to hearing from you. 
 Kindest regards, 
Standard Bank Hello Peter Team 
*** 

Best regards,