1 reviews | Active since Sept 2016
Standard Bank Business Banking, the worst business bank in South Africa by far
I have been a customer of Standard Bank Corporate banking for 14 years, and I have quite a large business. I have never found their service to be good.
In recent times Standard Bank has set even new records for poor service. Compared to banks like FNB and Discovery Bank, Standard bank can't even be mentioned in the same sentence as these banks.
The issues I face with standard bank consistently, I have never experienced in any other bank.
I received a new corporate card, which constantly blocks online transactions, notably google ads and facebook ads. It has been doing so for a week.
Standard bank claim there is a "glitch". I then use another corporate card, and it is the same "glitch".
I am in a situation where I cannot do any online purchase notably Google ads or Facebook Ads, during the peak sales period (Black Friday). This will result in millions of rands of lost revenue.
The reality is standard bank doesn't even know how to fix it, and are completely clueless, with no sense of urgency.
How can a company operate when you cannot pay for online subscriptions and advertising that is core to your business.
Every other bank I used is seamless. Standard bank is the only bank I have dealt with that simply cannot get the simple things right.
With standard bank you cannot even get a corporate card that works properly.
Another day goes by where I am not able to pay for any digital advertising, another day goes by that I am losing revenue as a result.
Each day I spend hours on the phone with Standard Bank trying to resolve the issue.
I cannot even transact R100, nevermind R30,00 a day that I need to purchase in advertising.
I spend my days calling standard bank everyday trying to resolve, and there is just no light at the end of the tunnel.
Lesson learnt, you cannot rely on Standard Bank for business banking.
This is not the level of service we strive for. We understand your frustration and are here to help. We can assure you that your matter is now in the right hands.
This is not the level of service we strive for. We understand your frustration and are here to help. We can assure you that your matter is now in the right hands.
I have company corporate cards with credit on them, and they are unusable for Facebook ads and Google Ads.
This means I cannot market my products over black friday, and it will result is lost revenue.
This is a continuous issue.
This was the response from standard bank:
Kinldy be advised that our Card Division Department has advised that the transactions were declining due a system glitch between our system and the website you were utilizing.
I have company corporate cards with credit on them, and they are unusable for Facebook ads and Google Ads.
This means I cannot market my products over black friday, and it will result is lost revenue.
This is a continuous issue.
This was the response from standard bank:
Kinldy be advised that our Card Division Department has advised that the transactions were declining due a system glitch between our system and the website you were utilizing.
Thank you Standard bank
Thank you Standard bank
Thank you for alerting us to this. We have escalated the matter to the relevant team so that we can ensure a speedy resolution.
Thank you for alerting us to this. We have escalated the matter to the relevant team so that we can ensure a speedy resolution.
I used a 3rd corporate card, first transaction was succesful, now every transaction after that declines.
So i have 3 corporate cards, all declining, with the exact same issues.
and standard bank is completely clueless.
I used a 3rd corporate card, first transaction was succesful, now every transaction after that declines.
So i have 3 corporate cards, all declining, with the exact same issues.
and standard bank is completely clueless.
Please allow our team time to look into the matter and we will get back to you.
Please allow our team time to look into the matter and we will get back to you.
Rest assured our team is working around the clock to ensure that your query gets resolved, the team will be in contact with you.
Kind Regards
Standard Bank Hello Peter Team
***
Rest assured our team is working around the clock to ensure that your query gets resolved, the team will be in contact with you.
Kind Regards
Standard Bank Hello Peter Team
***
More lost income thanks to Standard Bank.
More lost income thanks to Standard Bank.
We will follow up with our team and we will be in touch with further feedback.
Sorry for the inconvenience.
We will follow up with our team and we will be in touch with further feedback.
Sorry for the inconvenience.
Worst business bank in the world. And this comes from a loyal customer of 14 years.
Standard Bank single handedly can bring a company down to their knees by blocking their corporate cards for no valid reason.
If you trying to market your business online, good luck trying to make a payment to Google or Facebook. Standard Bank will just block the transactions, even when you confirm the legitimacy.
Once it gets to 5pm you can forget about Standard Bank, they won't assist after 5.
If you think you can get a hold of a relationship manager or someone higher up, you can forget about that also.
If you are lucky enough to get a call back it will be after 5 when they can't help you anyways.
The cluelessness of Standard Bank corporate banking is laughable.
Worst business bank in the world. And this comes from a loyal customer of 14 years.
Standard Bank single handedly can bring a company down to their knees by blocking their corporate cards for no valid reason.
If you trying to market your business online, good luck trying to make a payment to Google or Facebook. Standard Bank will just block the transactions, even when you confirm the legitimacy.
Once it gets to 5pm you can forget about Standard Bank, they won't assist after 5.
If you think you can get a hold of a relationship manager or someone higher up, you can forget about that also.
If you are lucky enough to get a call back it will be after 5 when they can't help you anyways.
The cluelessness of Standard Bank corporate banking is laughable.
The matter is being treated as a priority and our team is ensuring that it is resolved timeously .
We will revert with feedback as soon as possible .
We appreciate your patience.
Kindest regards
Standard Bank Hello Peter Team
***
The matter is being treated as a priority and our team is ensuring that it is resolved timeously .
We will revert with feedback as soon as possible .
We appreciate your patience.
Kindest regards
Standard Bank Hello Peter Team
***
This is now a week that I have not been able to run digital advertising for my company thanks to Standard Bank.
Everyday I lose 100s of thousands of rands.
I spend hours on the phone with Standard Bank, everyday and it's the same result
Standard Bank can do NOTHING and will do NOTHING
This is now a week that I have not been able to run digital advertising for my company thanks to Standard Bank.
Everyday I lose 100s of thousands of rands.
I spend hours on the phone with Standard Bank, everyday and it's the same result
Standard Bank can do NOTHING and will do NOTHING
We apologies for the delay. Our team will contact you today before the day ends.
Kindest regards,
We apologies for the delay. Our team will contact you today before the day ends.
Kindest regards,
