Standard Bank
Reverse Payments

I just made a payment to an account via internet banking to have a car transported to my house. After finding out that this was a, I contacted Irene Greef, my Private banker to assist me and reverse my payment. After she checked the account and verified that a payment was made to this account, in fact my payment was the only money in that account. and it was just opened in late March. I was told that the payment cannot be reversed! I can't believe this, how can the bank not reverse a payment, even after knowing that the account are being used for criminal activities? Not even an hour after the payment was made! This is ridiculous I know that the bank is suppose to protect the individual rights but even if they know this is perhaps a criminal, can't the bank just freeze the account until the Police did their investigation? I cant believe that this can happen, no wonder the criminals get away with everything in this country!

Company: Standard Bank
Country: South Africa
City: Witbank

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