DG
Dennis G

1 reviews | Active since Oct 2013

16 Nov 2017, 15:55

Treatment of a handed over account

Although my credit card account number 7 ********** ********** 15096 was initially handed over to collections department, I paid it off through a settlement discount on 10 August 2017. Settlement discount according to my understanding means that you pay the agreed amount and the account is paid off. If I check my Experian report now it says there is an overdue balance of R 1 360, THREE MONTHS after settling the account!!! Isn't it duty of the bank to liaise with its collecting agents and update records accordingly? Will the damage caused by this be rectified retrospectively?

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Replies (2)
Standard Bank
Standard Bank's reply16 Nov 2017, 16:14
Official

Dear Dennis

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

Regards

Complaint Resolution Centre
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Standard Bank
Standard Bank's reply22 Nov 2017, 16:00
Official

Dear Dennis

Thank you once again for your posting.

I refer to my email correspondence and can confirm that the matter has been addressed.

Kind regards

Clint Petersen

Complaint Resolution Centre

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