RK
Richard K

1 reviews | Active since Apr 2022

29 Apr 2022, 19:47

Stanlib Sucks

I am experiencing extremely bad customer service from Stanlib. It is 9 days now since I filled out a simple 2 page withdrawal form to withdraw a sum from my Stanlib money market account, and have it transfered to my Standard Bank current account. Stanlib says on there website , easy access to your money within 24 hours, every day I call, have long consultations with the call center , each time the call center operator promised to deal with the issue, but the next day i get an sms to say that the withdrawal instruction has been declined. Everyday there is a new excuse - I have been to a standard Bank branch with my id, company docs, and we have phoned Stanlib from the branch and verified all the documents with a Stanlib consultant - the next day, withdrawal declined. I have never had such a bad service from a financial institution - as soon as I can, I will close my entire Stanlib investment - this has become a nightmare scenario, I am spending up to two hours daily on the phone to do a simple transaction, even though I am registered on the Stanlib online platform. The level of incompetence from the Stanlib call center operators has been astounding. With a weekend and a public holiday coming up, it will be nearly two weeks before I can again call the center and start the process again.

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Replies (1)
STANLIB
STANLIB's reply03 May 2022, 11:09
Official
Good Day

Thank you for making us aware of your complaint. 

We’re working on your request and one of our consultants will make contact with you to assist you. 

Regards
STANLIB Resolutions Team