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Monday, November 30, 2009

Standard Bank Debt Review Dept. Expexct Delays

Standard Bank are currently in the process of migrating to a new debt review system.
Hopefully one that is more intergrated with their other systems.

The migration period will take approximately two weeks and during this time their turnaround times will undoubtably be affected, particularly with regard to certificates of balances (CoB's) and rearrangement proposals.

They have asked for our understanding.

Please keep this in mind when sending through 17.1 and 2's and proposals.