AL
Aadil L

1 reviews | Active since Oct 2010

25 Oct 2022, 14:23

Standard Bank is hiding errors in their systems

Standard Bank has bugs in their home loan systems and they don't know how to resolve it, hence they ignore customer queries.

I logged a query around 2 Sept 2022 regarding the debit order amount, which was higher than their own notice stated (after the July 2022 interest rate hike). After receiving no feedback for 3 weeks, I called them again and spoke to Ralph who did his own calculations and confirmed that I was correct and the SB debit order amount was incorrect. He said he had escalated the query (ref ***) and would get back to me within a few days with a resolution. Since then, they don't give feedback and ignore emails to him (***) and ***.

This is the second time that I have experienced an issue with incorrect amounts calculated by their "system". It is clear Standard Bank's systems are flawed. This is very worrying. I urge every Standard Bank client to check their statements to see if they have been overcharged.

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Replies (1)
Standard Bank
Standard Bank's reply25 Oct 2022, 14:26
Official
Hi Aadil

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***