Standard Bank Inflicts Pain On Their Customers Using Due Diligence Process On Deposits.

It is very important for South African or International Business People to note that, opening a business account with Standard Bank will be your mistake of a lifetime, our team recently gave them a chance after bein with COMPETITION for years, to open a new account. To my surprise, they are NOT only the worst in customer service but in all aspects including a simple thing like immediate payment, with standard bank, Instant Cash is definitely NOT instant yet they will still charge you that expensive fee, yet the many DID NOT reach your intended recipient immediately. We received a simple payment with all boxes ticked and checked, the bank instead of clearing the money within 48 hrs .... they claimed they need more time. Now to people who understand how banks function, surely there is something fishy or ***** to their actions. I is NOW more that 10 Days since our business claim was deposited into our Standard Bank Account, yet it is still not cleared, the money was transferred from FNB South Africa, imagine if this was from foreign bank ..... it will be worse!!