Standard Bank
Internet payments takes days

I'm the owner of 3 small businesses. Lately I've been receiving proof of payments from clients for payments made into our bank account BUT 5 days later no payment. 1st client paid an amount of R8000.00 into one of my business accounts - 5 days later no money and the client had to go the SBSA to report a missing payment. Eventually the funds was credited to her account - and paid over to us again. 2nd customer paid R1250.00 4 days ago - no funds in our account. We now have to deliver the service to our customer without payment.

Payments from ABSA to FNB takes 24 hours but can also be made available immediately. Payment FNB to FNB shows immediately and Payment from Nedbank within 24 hours. What is wrong with Standard Bank??

Soon I will be forced to inform clients that we will not be accepting internet payment from Standard Bank anymore. We can be the only company having problems with Standard Bank.

Company: Standard Bank
Country: South Africa
City: Internet Banking

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