A New Way Of Banking!

Last week Stanbic, without notice or prior warning, blocked my account. They had previously told me that I needed to update my personal details which meant, I assumed, confirming that my phone numbers, and postal and e mail addresses were unchanged.

When I asked why it had taken this action, I was told that it was because I had provided neither proof of residence  nor proof of income. The fact that neither had anything to do with updating and that they hadn’t even requested this information, bothered them not at all. My account was blocked until I gave them what they wanted. 

I was shocked and extremely angry. It had never occurred to me that any bank could take such action without prior warning and without compelling reason.  But it had done so – and its action was to me unethical, belligerent, hostile, punitive and I assumed, illegal.

Editor's Comment
Stakeholders must step up veggie supply

The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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