Our dumb Bank.

Recently I am experiencing some problem with my POSB ATM card and so I was thinking of changing it.

However POSB is charging $5 for any card replacements.

Not that $5 is a very big amount but I think why should the consumer make to pay for putting our money into YOUR bank and shouldn’t the ATM card be part of the bank services.

I think maybe, just maybe, the $5 charge is there to prevent people abusing the system by changing their ATM card as often as they can and also to prevent forgetful people from keeping on loosing their card.

But which idiot has nothing better to do that he want to change his ATM card every months? And losing an ATM card can be quite dangerous and I am sure nobody wants to lose their card purposely.

So how to beat the bloody system?

I just called POSB hot line. Now they limit one ATM card to each person, which you could link up to 8 accounts. (Try to make you damage the card as soon as possible with so many usages so they can earn your $5)

But when you open a new POSB Saving account, you are given a free ATM card.

So what you can do is to cancel all your bloody GIRO payment services and close your POSB saving account, return the damaged ATM card, then on the same spot, open a new POSB saving account with a new account number and this come with a new ATM card, FREE.

The only hassle is that you have to redo all your GIRO arrangement. I am considering this option, but I will not arrange for new GIRO arrangement, maybe put my money in another bank and do my GIRO from there.

I can pissed POSB off by closing this new saving account in 6months, (think this is the minimum you need to keep it open) , and open another new saving account with a new passbook and new ATM card.

STUPID BANK.

Stupid Standard Chartered Bank Still at it.

I wrote to Standard Chartered Bank CEO on 10th Oct.

http://javertworld.blogspot.com/2007/10/stupid-standard-charted-bank.html

Its regarding the haressment I got from their 3rd party agents.

Their Customer Experience Manager called and assured my data had been updated into the "Do Not Call list". I insisted she send me a letter to back their claims.

Last week, I again received calls from Standard Chartered's agent on the 14th and 15th.

Bravo you stupid Bank!!

I also called and the stupid Manager is on leave and her collegue really cannot make it.

I wrote to the CEO again on Friday. See what they say this time.

So people help spread to your friends how Screw Up Standared Chartered Bank is and ask them to cancell all theri credit cards or accounts.

NOTE:


CODE OF CONSUMER BANKING PRACTICE

17. Safeguarding Your Information

Your bank will:

i. treat all your personal information as private and confidential;

ii comply at all times with the Banking Secrecy provision of the Banking Act (Cap.19),Last Update -10 Oct 2001;

iii. stop using your personal information for its own marketing purposes if you inform your bank that you object to this practice;

Stupid Standard Charted Bank

Been receiving tele-marketers calls on behalf of Standard Charted bank quite often these days.

They are different 3rd parties companies working for SC and they can be quite persistent.

Heard from other sources that Standard Charted are one of the more aggressive telemarketing bank around.

Told SC to removed my name from their calling list for 3 times already, and also wrote a couple of complainst to their website and I only got a lousy standard computer generated reply.

I also wrote in to their CEO but don’t seem to get any reply leh.

So folks do help to write to the CEO is you receive hard selling tactics from Standard Charted.

Geez….. I thought there are some law against spamming.

Lim Cheng Teck
CEO
Singapore
Standard Chartered Bank
6 Battery Road
#05-00
Singapore 049909