Standard bank fails small business

<p>My parents have been with Standard bank since I was born, when I married my husband, an Attorney, I moved him over to Standard bank as well, and we app**** for our homeloan through Standard bank.</p> <p>I started a small PTY, of which I am the sole owner, and opened a business account in 2009. (Savings) The business has grown, and for a small business which has never borrowed any money I think we are doing very well!</p> <p>I need to buy some updated programs to expand my business, I went to Standard bank Business division and asked if we can change the business account from a Savings to a cheques with an overdraft. I was told : <br />1) This would take a week to do, and ;<br />2) The business will only be up for review for an overdraft in a year!</p> <p>Imagine my surprise to this! I have never loaned money against the account. We have been trading since 2009 with a proven bank record of growth. We have been clients of Standard bank for many many years.</p> <p>BUT the thing that upset me most - was that in the 7 years of trading, no one has ever contacted me from the Business division and said I should move to a Cheques acc as it would benefit the business more. Standard bank never acted in the best interest of my Business!</p> <p>I went straight to FNB on Friday, they are offering me a Cheques account with overdraft facilities. I will change my personal account, business account and my husbands accounts over to them this week. Im so upset!</p> <p>This is not how you promise to help Small Businesses.<br />I employ 9 people, and will make sure they change over with me as well, as FNB offered to come see them at the office to change their accounts.</p> <p>Very disappointed.</p> <p>Regards<br />Y. Strydom</p>