VG
Vusimusi G

1 reviews | Active since Sept 2020

19 Feb 2025, 10:06

Standard Bank ***** Horror !!!

Stay away from Standard bank... From the year 2012 till date I have been a loyal customer of Standard Bank. Apart from Standard Bank I have never bank with any other institution but am very disappointed with how they have dealt with me regarding ***** that took place on my personal account.

I literally have had almost all they offer from Personal Account, Personal loan, Credit Card, & currently my Bond is with them. On the 31st January 2025 which is my playdate I woke up to a de*****ed account where my entire salary was taken. A number of transections took place including a Virtual Card transection which I have never heard of or even knew of till this day. Vouchers were bought & I went to report where it took me almost 3 hours on the phone just to register my ***** case.

I was requested to do an Affidavit with the SAPS which I did & sent it to them. 2 weeks later a guy called to ask if I have app**** for a loan and he stated they can see the device that was buying vouchers was an IPhone while I use an android. He continued to tell me this device has been going in my banking app daily to check if the is funds. He then said the is an OTP they sent me for each transaction done on my App so how did the people de***** me as the OTP comes direct to my cell number. To cut the long story short he said they will not refund me & i asked him what was his reasoning and the only thing he stated was the OTP's which on my side I have never received.

I asked him about the Virtual Card transections he told me the digital ***** department will call me for that shortly which has not happened to date. No further communication has happened not even an email or SMS.

My bills were not paid including my Bond I have with them, my insurances & let alone that my basic expenses like food, petrol money, lights and water they don't care what happens school fees... The entire R15000 is gone & Standard Bank cares not. Run for your lives guys I will be moving my bond from them, my insurance & will cancel anything that ties me to them.

0
Replies (9)
Standard Bank
Standard Bank's reply19 Feb 2025, 10:34
Official
Dear Vusimusi G, 

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 
***
Standard Bank
Standard Bank's reply19 Feb 2025, 16:56
Official
Although we called, we were unable to reach you. Please include a time that is convenient for us to reach you. I look forward to hearing from you.
VG
Vusimusi G's update19 Feb 2025, 19:38
Reviewer Update
Hi... I did get your miss call. Please call me back between 13:00pm and 14:00pm.
Standard Bank
Standard Bank's reply20 Feb 2025, 10:50
Official
Thank you for the response.

We let our team know.


VG
Vusimusi G's update20 Feb 2025, 14:12
Reviewer Update
It is with great concern that this morning you acknowledged my response for the suitable time to contact me yet you did not call. Is it a matter of not caring about the matter brought to your attention? Am taking this matter to the Ombudsman since you do not show interest in resolving it.
VG
Vusimusi G's update20 Feb 2025, 15:21
Reviewer Update
Resolving the matter is not the main problem. The real problem is your lack of communication and acting urgently especially because MONEY HAS BEEN ****** IN YOUR INSTITUTION... Right now you are calling me but i stated early this morning what time I will be able to speak to you. You chose not to honor that time now your not taking into consideration that I am at work.

This is not TCF. These are the exact issues FSCA & FICA are suppose to ensure financial institutes do not do to their customers. This refund that am begging you to talk to me about is nothing compared to how much money you will lose as a business. I have already sent an email to the Ombudsman.

Am taking this into all social media platforms & will make sure in future you guys will deal with such in a much better way & a greater sense of urgency. Our finances can never be compromised in your Institution then you all relax and take this light like you are. I am a very patient man & understood that things like these do happen but the response am getting from you is disgusting... I will then follow all legal routes to make sure Standard Bank ***** Department feel the consequences.

The FSCA should investigate such cases from Standard Bank as am not the only one but clearly as other people did not know which routes to take they gave up. Unlucky this time around you dealing with someone that has been in the financial industry so all avenues that are viable i will exhaust then as the FSCA which is the financial institution regulator should uphold its responsibility too as proof of their commitment to professionalize the financial sector without compromising us customers.
Standard Bank
Standard Bank's reply20 Feb 2025, 15:32
Official
Dear Vusimusi

Please provide us with an alternative number so we can contact you.

Looking forward to your response.

Thank you


Kindest regards, 
Standard Bank Hello Peter Team 
*** 

VG
Vusimusi G's update20 Feb 2025, 15:44
Reviewer Update
You have the correct number why ask for alternative number?

I would appreciate if I can speak to a manager. I am available now & waiting on your call on the same number. I am recording all our conversations on my sided so even my telephonic conversation will be recorded.

I have asked for sometime at work to answer the call within the next hour. I am waiting for your call now

Standard Bank
Standard Bank's reply20 Feb 2025, 16:55
Official
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. Thank you. 

Kindest regards, 
Standard Bank Hello Peter Team 
***