1 reviews | Active since Feb 2017
Your money isnt safe and they arent transparent about your money
I've been a victim of online banking ***** recently. It is allegdes by the bank that this happed via the banking app from a phone simular to mine and therefore they will not consider it as their negligence.
Monies were transfered from my account to a payment method loaded as a beneficiary and from that account transfered to numerous accounts. The payment method for online purchases is also loaded as one of the bank's preloaded beneficiaries simular to edcon etc. This led me to believe that it will be safe. I have used this beneficiary as payment method a couple of time for minor payment but ever since approxamitely March this beneficiary was stagnent. As from the month of June an alarming number of payment were made to this beneficiary which should have flagged at the bank. The bank never did the effort to phone concerning the payments made.
After being ill for a prolonged period I realised that transactions were made and immediatly contacted the bank.
They conducted their "investigation" after supposedly contacting the beneficiary and obtaining information from them, which I dont know how without my concent.
Besides the above mentioned they concur that my details might have been obtained from spyware etc but it remains my fault as "I compromised the security" of my devises which can not be substantiated.
After requesting the information drawing the conclusion it was stated that its the property of the bank.
After further questioning from my side it was stated that I compromised the security which only relies on my e-mail and password.
The question remains after numerous consecutive transactions which never happed before to the particular beneficiary which I submit is a payment method account didnt it flag on their side. Furthermore there was suspicious interaccount transfers which should have been a concern on its own.
I have to bring under the readers attention that Standard Bank does not request an OTP when logging in, if the user pays a beneficiary there is also no OTP request.
Thus meaning that there is no protection for clients of Standard Bank whilst using online banking.
This is utter negligence on behalf of the bank authorising suspicous activity without confirming anything with the client and just merely authorising transactions without confirming that it is genuinly authorised by the client.
After some research it is evident that it is the banks generic response to online *****.
Which concerns me even more is the fact that I will have to pay interest on my credit card for monies I never used after making major downpayment.
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We apologize for the inconvenience and undue frustration, this has caused.
We greatly appreciate your continued support
Kind regards
Niyaaz Jardine
Complaint Resolution Centre
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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. Kindly provide us with your account or id numbers in order for us to escalate your matter further to the below email address:
- Email: ***
We apologize for the inconvenience and undue frustration, this has caused.
We greatly appreciate your continued support
Kind regards
Niyaaz Jardine
Complaint Resolution Centre
***
*** (fax)
***
Thank you for bringing your concerns to our attention.
Your concerns have been escalated to our management team.
We appreciate your support and loyalty.
Kind regards
Complaint Resolution Centre
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Thank you for bringing your concerns to our attention.
Your concerns have been escalated to our management team.
We appreciate your support and loyalty.
Kind regards
Complaint Resolution Centre
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Thank you for bringing your concerns to our attention.
Your concerns have been escalated to our management team.
We appreciate your support and loyalty.
Kind regards
Complaint Resolution Centre
***
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Thank you for bringing your concerns to our attention.
Your concerns have been escalated to our management team.
We appreciate your support and loyalty.
Kind regards
Complaint Resolution Centre
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We appreciate your support and loyalty.
Kind regards
Complaint Resolution Centre
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Thank you for allowing us the opportunity to look into your matter.
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We appreciate your support and loyalty.
Kind regards
Complaint Resolution Centre
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Thank you for allowing us the opportunity to look into your matter.
An email response has been sent to you.
We appreciate your support and loyalty.
Kind regards
Complaint Resolution Centre
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Thank you for allowing us the opportunity to look into your matter.
An email response has been sent to you.
We appreciate your support and loyalty.
Kind regards
Complaint Resolution Centre
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Thank you for allowing us the opportunity to look into your matter.
An email response has been sent to you.
We appreciate your support and loyalty.
Kind regards
Complaint Resolution Centre
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Thank you for allowing us the opportunity to look into your matter.
An email response has been sent to you.
We appreciate your support and loyalty.
Kind regards
Complaint Resolution Centre
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