JT
Jo T

1 reviews | Active since Dec 2021

14 Aug 2023, 15:04

Standard Bank Trust not so trustworthy!

In September last year, I received notice that my husband, who at that stage had been dead for 16 years, had an investment with NedGroup. I phone NedGroup which confirmed the investment but said I had to go through the Master of the Court and/or Standard Trust before they could release the money. Standard Trust had failed to find the investment at the time of his death. I immediately contacted the Master of the Court who ordered Standard Bank Trust to reopen the estate so that the money could be released. I have been emailing the bank since September 2022 on a regular basis but they always have an excuse and have still not managed to get the money released. Their utter incompetence and disrespect astound me. It has taken nearly a year and the money has still not been released. Complete and utter incompetence.

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Replies (1)
Standard Bank
Standard Bank's reply14 Aug 2023, 15:08
Official
Dear Jo Tyler

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. 

Kindly provide us with the Estate account number or Late husbands ID number in order for us to escalate your matter further.

We apologize for the inconvenience and undue frustration, this has caused. 

We will await your response.

Regards
Standard Bank Hello Peter Team 
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