NH
Nkosinathi H

1 reviews | Active since Jul 2017

01 Aug 2022, 10:38

Standard bank is UNRELIABLE !

I once sent an amount of R20 000 to the wrong account number but 30 min/ 1 hour after transaction I pick up it wasn't the correct account number.

I called standard bank to notify them and hoped they would block the funds and return them to my account. I was instructed to fill in a recall letter and even after doing so, the response I received was not swift.

Only days later i get a response that whoever received the funds does not want theoney to be debit back into my account and ofcourse they withdrew all the money as I was going back and forth with Standard bank, I was instructed to open up a case at the police station and all of that information they asked I had sent to them and their response was there's nothing they can do if the person receiving the money rejects them debiting the money back. I went on to seeking help from the bank Ombudsman and even there I was told there's nothing they can do as there no funds in that account.

The amount I lost is alot and I trusted Standard bank to assist me in getting that money bank.

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Replies (3)
Standard Bank
Standard Bank's reply01 Aug 2022, 10:43
Official
Hi Nkosinathi

Thank you for alerting us to this. We have escalated the matter to the relevant team so that we can ensure a speedy resolution. 

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

Kindest regards, Standard Bank Hello Peter Team*** 
NH
Nkosinathi H's update08 Nov 2023, 11:19
Reviewer Update
There hasn't been a resolution and I can't come to terms with a loss of that amount, as a bank I would expect that your clients come first and you, as the banker would do the utmost to ensure clients are happy with services rendered to them as we entrust you with our money.
Standard Bank
Standard Bank's reply08 Nov 2023, 11:24
Official
Good Day  Nkosinathi

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. 

Kindest regards 
Standard Bank Hello Peter Team 
***