RB
Ryk B

1 reviews | Active since Feb 2016

06 Jul 2022, 11:05

Poor security processes at Standard bank

I requested a settlement letter for a personal loan and was given the run around obtaining it . By the time i got it, the other process i was busy with and needed it for has expired resulting in new issues again. The issue with the letter was they wanted to confirm my identity by asking me questions, this is all fine as all place do this to prevent ***** but the problem is that their questions were asking for info instead of confirmations ie yes no answers which is not good security practice as it can be used as fishing. Explained this and eventually a manager who phoned me back and i explained the problem. Giving up on this in prinsipale i got my letter eventually only to find that it was encrypted, requiring me to download decryption software which i could not do since i was utilizing my Email via my phone and not a computer. Again after explaining their inadequate process to them i got my letter just password protected. While on the other hand they do send you bank statements with no security on them. All this as a prestige account holder

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Replies (3)
Standard Bank
Standard Bank's reply06 Jul 2022, 11:32
Official
Good day Ryk

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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RB
Ryk B's update06 Jul 2022, 15:57
Reviewer Update
Thank you for your response. If i may add that i don't take writing a review lightly and that i consider it as a absolute last option. Looking forward to a positive outcome.
Standard Bank
Standard Bank's reply07 Jul 2022, 07:48
Official
Dear Ryk

Thank you for brining your concerns, we can assure you that the mater has been escalated accordingly and that feedback will be provided by the team.

Kind regards 
Standard Bank Help Centre 
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