CP
Charlotte P

1 reviews | Active since Apr 2009

06 Oct 2025, 13:43

Utter disappointment from Standard Bank Car Finance

Since July 2025, I have been trying to get a settlement value to pay off a balloon payment for my dad's car. On various attempts, they finally advised the POA does not work and authorization letter is needed. This was sent and to date I have not heard back from Thobile Msimango. On the 29 Sept 25, having travelled to my dad in KZN, i was able to call and get the settlement and bank details to settle the car. On making payment the 29 Sept 25, the settlement of R92000 was still debited on the 4 Oct 25. On the call, the agent had not advised that this amount would be debited, but only the last installment of R4200. Now my aged dad is in a negative of -R85000, with no funds for food at the moment. It is currently an extreme hassle to assist my dad remotely to get the debit order reversed and the -negative bank charges to be reversed. My dad is not in a state to go to the bank to sort this out in KZN. This was really unnecessary of Standard bank to put us in this position without proper communication and especially since i made the settlement within time. We now sit with back an forth emails to the accounts department, wanting proof of the debit order they did even with the proof of payment being sent and the sms of the debit order they did.

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Replies (2)
Standard Bank
Standard Bank's reply06 Oct 2025, 13:53
Official
Dear Charlotte

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 apologize for any inconvenience or unwarranted frustration this has given you. 

Kindest regards
Standard Bank Hello Peter Team 
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CP
Charlotte P's update06 Oct 2025, 16:24
Reviewer Update
My dad was waiting for you call and has not received it. However in an effort to rush to the bank to get a statement of the debit order that Standard bank has now requested today, he has met an accident and was rushed to hospital. He would not not been in an accident had he not gone to the nabk to sort out the incompetence of Standard Bank!