AfricaComplaints.com » Business & Finance » Complaint / review: Standard Bank - Inter Bank internet transfers delay! | #79063

Standard Bank
Inter Bank internet transfers delay!

I am so frustrated with Standard Bank by their outdated delay in their internet interbank transfers. Thank goodness that I have my Business account with ABSA, as Standard Bank takes up to 24 HOURS to make an internet payment from within the same bank!!!
At least ABSA payments go through immediately and one can even make an immediate payment to another bank for a fee. As far as I know the same can be said for FNB. Come on Standard Bank, you guys really need to update you system. This has definitely put me off having a business account with you, as this is so frustrating and ridiculous. The money is not in my account... nor in the account of the person that paid me and gave me the proof of payment... SO WHERE IS IT SITTING?! (accumulating interest for STD bank?)

Date:

Company: Standard Bank

Country: South Africa   City: Gauteng

Category: Business & Finance

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