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Michael M

1 reviews | Active since Jan 2012

06 Aug 2015, 08:20

Standard Bank the pain of my existence!!

Standard Bank offered to upgrade my account to prestige and I would get my own private banker. This happened but unfortunately I never heard from my prestige banker who also failed to notify me that they were having IT issues resulting in me receiving my cards 6 MONTHS later! My prestige banker has since been replaced. I was in the market to purchase a vehicle and Standard Bank insisted I finance the vehicle through them as I am a prestige banker I will get the best interest rate, I was advised to get an INVOICE not Quote from the dealership in order to negotiate the interest rate. When arriving at the dealership they showed me that Westbank was offering a lower interest rate- Standard Banks response was that I need to prove that Westbank is giving me a better rate which was not possible due to my financial status changing-I am still waiting for a response. Two weeks ago I emailed Standard Bank notifying them that transactions form a week prior were going off my account, and not because of awaiting authorisation but the physical transactions were delayed by a week. This morning I logged on and a total of 9 transactions from last week went off my account yesterday. I will be closing

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Replies (1)
Standard Bank
Standard Bank's reply07 Aug 2015, 10:10
Official
Hello Michael318,

Thank you for your posting

We apologize for any inconvenience and frustration caused.

Your complaint has been forwarded to the relevant business unit who will provide feedback to you directly.

Best regards

Complaint Resolution Centre
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