SM
Success M

1 reviews | Active since Sept 2022

20 Sept 2022, 19:57

Standard bank is *****

They expect small businesses to grow when they cut their wings before they attempt to fly. They say it's possible with hard work but restrict its growth. Banks do not loan small businesses and when sefa comes to the rescue the bank becomes a mountain to cross. We received aid from sefa and money was paid into our service provider's standard bank account but for 3 weeks the bank keeps making the run around. First they said transaction will take 72hrs then they demanded proof of payment which sefa sent. Then they said it will clear after 72hrs. Then they wanted 50k as "bank charges" now it's frozen again. 3 weeks our business is waiting for money loaned to us but then standard bank is playing detective with what is meant to aid a small business grow. I rue the day we came across this bank. They fail to catch ********* de*****ing people but play detective with what can easily be traced to q legit organization. In 2017 we were de*****ed r440 000 on a **** purchase for supply and delivery they didn't bother investigating though we banked with them on that company. Today they withhold what should grow us on baseless things.

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Replies (1)
Standard Bank
Standard Bank's reply21 Sept 2022, 07:14
Official
Dear Success Maruma

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.  

Please be on the look out for a call from our team. 

Kind regards, 
Standard Bank Help Centre 
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