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Alison M

1 reviews | Active since May 2012

13 Mar 2025, 09:48

SWIFT Transfer - Disgusting Service

The pathetic service I have been receiving from Standard Bank since they changed their forex structure has been beyond shocking, disgusting and the worst I have ever experienced. I submitted a swift application for a third time on 3 March 2025. Twice before it had not been processed, first because they changed their form & didn't notify me, then when I used the new form & signed it exactly as per the instructions for electronic signatures it was rejected wanting ink signatures. Since my 3rd submission with ink signatures on 3 March, nothing has been done with my transfer. Finally, after following up repeatedly, I was informed via email by the forex center that there were insufficient funds in the account to process. This was incorrect, there were plenty of funds. I responded with proof of funds & got a response that exchange control approval was not in place & giving me a number to contact at the exchange control department, who confirmed that the approval was in place & that again the processing centre was incorrect. Both the excon department & I then emailed the processing centre with the proof of approval, but my transaction had been canceled by the unhelpful person at the processing center who could have just picked up the phone & checked. I am livid! Two weeks & now I must start the process all over again. Nobody answers emails, you can't call. Standard Bank, you have frustrated & disappointed me every step of the way.

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Replies (5)
Standard Bank
Standard Bank's reply13 Mar 2025, 09:53
Official
Dear Alison

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. 

Kindest regards
Standard Bank Hello Peter Team 
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AM
Alison M's update04 Apr 2025, 14:00
Reviewer Update
Of course nobody from Standard Bank contacted me, and nothing has been done to resolve the problem. I submitted another foreign payment 7 days ago, and it still has not been processed. Queries go ignored and passed around from one staff member to another, but absolutely nobody bothers to answer my query.
Standard Bank
Standard Bank's reply04 Apr 2025, 14:21
Official
Dear Alison

Thank you for taking our call.

Please note that this matter has been escalated to our team.

We will be in touch with further feedback.

Thank you

Kindest regards
Standard Bank Hello Peter Team 
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Alison M's update08 Apr 2025, 10:05
Reviewer Update
I was contacted by Thabisile from Standard Bank who has resolved my query successfully, and in record time. Although I am very impressed with the service I received from Thabisile, I am unhappy at the lengths I had to go to in order to receive this service. Service excellence such as I received from Thabisile should be the norm and not the exception.
Standard Bank
Standard Bank's reply08 Apr 2025, 10:46
Official
Dear Alison

Thank you for taking the time to rate us positively and give us such excellent feedback. 

We truly appreciate it. Have a lovely day further! 

Kindest regards
Standard Bank Social Media Team
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