CB
Chantel B

1 reviews | Active since Jul 2021

22 Jun 2022, 09:50

STANDARD BANK TRUST/ESTATES PATHETIC

I have been dealing with STD Bank Trust since Dec 2020 and this division is pathetic and a disgrace to the STD bank group. This is a simple estate and as at today this estate still has not been finalized ...Calls are not answered and emails are not rep**** to ...Every week is a battle with Trust ..I literally have to beg them to do their jobs...If I don't complain or email them on a regular basis nothing will be done ...Simple admin process like just completing of a document in order to start the next step takes upto 4 months for them to do...I am now dealing with the 3rd estates officer assigned to this estate due to the high turnover in staff in this division...I have emailed the complaints resolution center ...apologies are extended but absolutely nothing is being done to improve service ...the same pattern continuous in the Cape Town office and head office is well aware of this and not addressing the ongoing issues and complaints ...tax for this estate was finalized on 04 March 2022(which by the way took almost 6 month even the tax practitioner had to beg them for the necessary documentation) as at today the LND has still not been finalised hence it is almost 4 months later...Induction letters sent when the process is started reflects the following *** 'Return your phone calls on the same day if you left a message' 'Reply to written communication or send holding response within 48 hours' This is a load of ******* and the documentation sent to beneficiaries committing to the service delivery is utter ******* as well ....as soon as an estate is there on their books they don’t give a s**t about service delivery...if you do not drive the process yourself and do regular follow up...do not expect any service from them...

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Replies (2)
Standard Bank
Standard Bank's reply22 Jun 2022, 10:27
Official
Good day Chantel

We are saddened to hear that this has been your experience. We take these matters very seriously and can assure you that we will be attending to your query with urgency. 

We will be taking a closer a look and will get back to you shortly. 

Kindest regards, 

Standard Bank Hello Peter Team*** 
CB
Chantel B's update30 Jun 2022, 12:43
Reviewer Update
Complaint ***As at today Stanlib still has not received the withdrawal instruction...Stanlib has advised that they emailed trust regarding this matter on 15 March, 03 April & 24 May 2022...Tax was finalized on 04 March... It is now 4 months later and the LND has still not been done...I was advised that trust is now awaiting Stanlib for funds to be released ...how can Stanlib release funds if the necessary documents still have not been received by Stanlib as at this morning .......Please advise when these documents will reach Stanlib ... as per reply email apparently this matter has been attended to...how has it been attended to if Stanlib is still awaiting withdrawal documentation...Can you please explain to me why is it taking 4 months for trust to do the LND...