SM
Sthe M

1 reviews | Active since May 2021

07 Jan 2025, 15:24

Suspended cash send

I am writing this review very frustrated and feeling hopeless. I opened an account for my grandmother with Standard bank. I have been running her account since day one. On Sunday the 5th of January 2025 I did a cash send transaction to her caretaker so she can return back from the December holidays. Standard bank tried to call me to verify the transaction, I don't know why, maybe its due to the fact that it was on a Sunday. I missed the call however a SMS was sent which I needed to respond with a Y( YES) or NO which I did. The caretaker tried to withdraw the cash today with no luck. I tried to check on the App and nothing shows under vouchers. I called the bank to check what the issue is as I was under the impression that I have signing powers on her account, only to be told that I don't have and they can not assist me as I am not the account holder. I asked if they can reverse the transaction back to the account and I was told that they can not do it as they need to speak to the account holder who is 87 years old and doesn't even know what a cash send transaction is. The caretaker is stuck in town with no transport money, I am at work and my grandmother is at home. WHAT AN INCONVENIENCE standard bank, WHAT AN INCONVENIENCE!!! Why cant you reverse the transaction so I can re send the money???

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Replies (1)
Standard Bank
Standard Bank's reply07 Jan 2025, 15:40
Official
Dear Sthe, 

Thank you for bringing this issue to our attention. As Standard Bank, we are committed to providing you with the best possible service and will ensure that this issue is taken care of. 

We sincerely apologise for any inconvenience or unwarranted frustration this has given you. 

Our team will reach out to further assist.

Kindest regards, 
Standard Bank Hello Peter Team 
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