Standard Bank have been been extremely forward and aggressive with their latest terms and conditions and requirements for indemnities etc.

Effectively -
  • They are now no longer responsible/liable/accountable (fill in own words here) for any balance/transaction/activity made by you/3rd parties/scam artists/con artists/thieves/any persons including themselves.
  • They reserve the right to cut you off/deactivate card machines/do what they like at any stage they feel like doing this.
  • They reserve the right to reverse any transaction if asked/feel like it/(fill in a reason here).
  • Their rules are binding to the extent of the law/on you/any successors in title/(fill in anybody who you may know here).
  • In short - they are a law unto themselves and owe you nothing in the way of looking after your money (your loan to them), your business, any transactions, your information, security, and will take your last possession through legal action in the blink of an eye should they feel like it. And if you owe them anything, well then, it would appear that the loan sharks depicted in the movies are children in comparison.


You may or may not receive this information/ letters/email/phone calls because .....well because they feel they dont have to/forget to/dont add attachments/ write strange emails that dont make sense/ just dont.

Complaints via phone call to central system - get cut off/staff denial/dont answer phone/pass the buck/(fill in any reason here but you are not going to get an answer)
Complaints via email - receive an out of office reply/nothing/obtuse thought of the day.

So thats the latest sitrep on Standard Wank.

Just wondering if the other banks give the same dreadful service and terms of banking?
Are their terms hidden in their dungeons of despair or are they open about them and are they as onerous as Standards?
Are they as bad at communicating as Standard?
What happened to the bank manager who cared about you?
Which one of this evil lot is the best to deal with at the moment for your personal and business banking?