HS
H S

1 reviews | Active since Feb 2017

24 Mar 2023, 09:21

Standard Bank Homeloans and terrible processes and systems

Standard Bank is years behind other banks when it comes to processes and systems. Apart from numerous system-related problems on obvious things, the latest is just another example of how the bank is not keeping up with times. I have a few properties, and with my other bond/s (Not Standard Bank) a readvance takes one day for approval and then the transfer happens. With my property with Standard Bank, the approval takes 5 working days, then another few working days for the payment. Throughout the last 2-3 years I am constantly in communication with the bank to fix system errors, and obvious issues, it is clear that processes are not working either, and the poor private banking consultants struggle with the other departments. My suggestion to Standard Bank is to review and optimise their processes, and then automate with technology, it seems like their systems are patched together...

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Replies (16)
Standard Bank
Standard Bank's reply24 Mar 2023, 09:27
Official
Hi H Swanepoel

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. 

Our team will be in touch.

Kindest regards, 
Standard Bank Hello Peter Team
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HS
H S's update24 Mar 2023, 15:28
Reviewer Update
Yet no one made contact as yet
Standard Bank
Standard Bank's reply24 Mar 2023, 15:35
Official
Good Day 

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
***,za
HS
H S's update27 Mar 2023, 08:56
Reviewer Update
Still no response!
Standard Bank
Standard Bank's reply27 Mar 2023, 09:14
Official
Good day 

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 
Standard Bank Hello Peter Team
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HS
H S's update27 Mar 2023, 15:03
Reviewer Update
Unfortunately sending generic responses on Hellpeter while nothing else is happening is not going to make the client happy, It has been 5 days, 3 full working days doing something that is so simple and easy.
And my expectations align with what I experienced with other banks, its not unfair. I have been a client for years, the data is there, you have access to everything, it is not complicated.
If you dont have the right tools or systems in place I suggest you take it up with your CIO and IT team!
Botom line, your service is lacking and far behind! ....and still no one respnse form STB apart fome the generic responses on HelloPeter

Standard Bank
Standard Bank's reply27 Mar 2023, 16:30
Official
Good day 

We're so sorry for the inconvenience this has caused.

We will follow up with our team and we will be in touch with further feedback.

Have a great day further.

 
Kind Regards 
Standard Bank Hello Peter Team
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HS
H S's update28 Mar 2023, 08:55
Reviewer Update
Still no reply or contact!!! Perhaps one should email the executive team at Standard Bank, this is ridiculous
Standard Bank
Standard Bank's reply28 Mar 2023, 09:13
Official
Good Day 

Rest assured our team is working around the clock to ensure that your query gets resolved.

The team will be in contact with you.

Warm Regards 
Standard Bank Hello Peter Team
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HS
H S's update29 Mar 2023, 15:59
Reviewer Update
Any feedback?
HS
H S's update29 Mar 2023, 16:38
Reviewer Update
Business day 6 has come and almost gone, with a promise this morning that it will be finalised by end of today. No further feedback was received with 20min to go until end of day, lets see if STB can stick to their latest promise since all the others were not kept.
Standard Bank
Standard Bank's reply29 Mar 2023, 16:47
Official
Hi H Swanepoel

Thank you for getting back to us. we will follow up and get back to you.

Regards
Standard Bank Hello Peter Team
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HS
H S's update29 Mar 2023, 17:08
Reviewer Update
I doubt it, none of your promises or hellopeter feedback were kept. disgraceful...
Standard Bank
Standard Bank's reply29 Mar 2023, 17:31
Official
Hi H Swanepoel

Our team advised that they contacted you today morning, but we are following up with them. We apologise for the delay.

Regards
Standard Bank Hello Peter Team
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HS
H S's update29 Mar 2023, 17:44
Reviewer Update
They did and promised final feedback and finalisation by end of day which again did not happen.
Standard Bank
Standard Bank's reply30 Mar 2023, 07:47
Official
Good Morning 

Rest assured our team is working around the clock to ensure that your query gets resolved

The team will be in contact with you.

Warm Regards 
Standard Bank Hello Peter Team
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