I have been banking with standard bank for some time now, but my salary has been going in to my Absa account. I applied for a home loan through Absa and received 90% bond approval. I spoke to a few consultants at Standard bank and they said if I would have my salary go into my Standard Bank account that I would get at least 95 to a possible 100% bond. I agreed to move my entire portfolio over, all debit orders etc, this was a mission as I still have two debit orders coming off my Absa account. Anyway long story short, Standard Bank are only prepared to give me 90% bond too. So what was the point in me going through the entire process of changing banks!! I now have debit orders coming off two bank accounts with bank charges on each. I am very disappointed that Standard Bank couldn't give me a better offer considering the circumstances!
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