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Excel Currencies Limited

Financial Ombudsman decision DRN-3549599 Upheld

Upheldoutcome, as published by the Ombudsman
£150,000redress stated in the decision
Fri Jul 15deadline to accept (not the decision date)

The Ombudsman does not print a decision date. The date above is the deadline the consumer was given to accept or reject the decision, which is set about a month after it was issued. It is reliable to the year, not to the month.

What this decision was about

APP scam refund refused

In the Ombudsman’s words

allowed a fraudster to transfer funds from the sale of property they owned to a bank account in Hong KongAPP scam refund refused

Rules cited

FCA DISP (Dispute Resolution)

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3549599.pdf on financial-ombudsman.org.uk.

The outcome shown is the Ombudsman’s own published classification, not our reading of the text. Nothing here is legal advice, and a decision concerns only the complaint it was made about.