CK
Cynthia K

1 reviews | Active since Mar 2018

06 Mar 2018, 13:39

Standard Bank withholding savings funds

Standard bank I require urgent assistance and feedback about why my money has disappeared without a trace.

On Saturday 2 March at around 945am I closed my contract savings account and instructed for the funds to be deposited into my checking account. I was advised this would be fulfilled up to 24 hours by the consultant Bradley. I asked if this includes Sunday and he said YES.

I did not see the money after 24hours. I called the call centre twice yesterday and spoke to Ntobela and Boitumelo and i was advised that the savings account had been closed but they cannot explain where the money is. They said there is no transaction history. They are saying that they cannot assist me and they cannot say what they did with MY money!

I have already spent the whole morning yesterday investigating this issue and am frustrated that there is no accountability or explanation of what the bank did. They referred me to the branch in Canal walk which the transaction took place and they told me 'it will come'. Its in another account. When i asked which one they could not respond. This was Yandiswa and Luleke. The two ladies said they would call me today by noon but nothing has materialised.

Its been over 96 hours and I require an urgent intervention on this issue and for my money to be paid into my account asap as per the forms I signed!

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Replies (3)
Standard Bank
Standard Bank's reply06 Mar 2018, 13:48
Official

Thank you for posting your comment.

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.

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

We greatly appreciate your continued support

CK
Cynthia K's update06 Mar 2018, 13:57
Reviewer Update
When will i get Feedback? I have used so much money travelling to the branch and calling to inquire. Please may i have a defined date on when i will get my money, why my transaction history disappeared and why terms and conditions change after a customer has signed for a 24 hours service that turns into a 5 day process. I await your response.
Standard Bank
Standard Bank's reply07 Mar 2018, 06:42
Official

Thank you for bringing your concerns to our attention.

Your concern was escalated to our management team.

Thank you for being a loyal customer.

Kind regards

Zeenath Hassen

Complaint Resolution Centre

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