Stanchart blocks clients’ accounts

Stanchart blocks clients’ accounts

Hi

Please help me post what stanchart bank is doing to its clients,they ve blocked my account because government has not being remitting money towards refinancing the loan I got from them 5 years ago. Below is the massage they sent to me.

Dear client, your account has been blocked with the overdue amount due to your delayed loan repayments. Call 0211 422640

Complaint 2

I am a civil servant,Standard Chartered Bank sent me a message that my account has been blocked because the government has not been remitting my loan monthly payment via PEMC. she my salary has been blocked, what shall my family depend on in thisvsuffoxated economy?
‘Dear client, your account has been blocked with the overdue amount due to your delayed loan repayments. Call 0211 422640.’

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COMMENTS

WORDPRESS: 12
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    I wish the bank would changed the agreement to all civil servants since there’s job security deducting in their Bank Account than through our Government. That’s how I paid back the loan Stanchart through my account

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    Sue the Govt. They are the culprits. They have an agreement with you and the banks. They are supposed to remit your deductions to the bank. Just like employers deduct Napsa from you and they are OBLIGATED to remit those funds to Napsa, failure to which there are harsh penalties. Govt should be taken to court and be penalised. PF Givt has screwed us innocent Zambians for years. Let’s get rid of the rot.

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    1Counsel 2 weeks ago

    Change your pay point

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    Conrad 2 weeks ago

    We have been affected so now the only option we have z to change bank and take standard Chartered bank to court.

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    The chaser 2 weeks ago

    What i have done is change banks…..i have closed Stanchart account. They will continue recovering through pemec so no inconveniences on my part. So disturbing

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    Chris 2 weeks ago

    I am involved too. My account is blocked and I need to pay bills and food for my family what kind of government is this? Then what kind of a bank is it to block clients accounts when they clearly know that deductions are being made? So frustrating. Standard chartered bank Zambia is a worsted Clint manager.

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    Manyachi 2 weeks ago

    These banks enter into an agreement with GRZ to facilitate the recovery of loans given to civil servants through PMEC. The MOU is between GRZ and the banks but it’s usually the civil servants who are inconvenienced. PMEC deducts the loan amount so if GRZ fails to remitt, why should a civil servant be inconvenienced? Are the banks afraid of taking engaging GRZ?

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    Aubrey Moono 2 weeks ago

    I am a victim too! My account has been blocked even after servicing my love an since 2012….just two months repayment PEMC has not remitted to them, they are asking me to tell PMEC to pay them, his? Over the years SCB has been receiving their money without my involvement & now they are asking me to do it for them? Govt come to our aid!

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      Aubrey Moono, the government here is the culprit. How do you ecpect the thief to come to your rescue?

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        Rachael 2 weeks ago

        I am a victim of account being blocked. To make matters worse early this month the bank even withdrew money for 1 month which they claimed went towards paying the loan that was overdue in May.lt means double deduction by PEMC and the bank. I am devastated.

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        Aubrey 1 week ago

        You are right my dear. I thought GRZ can talk to the bank since its deducting & not remitting my money…to assure the bank. Am closing my account after this mess!