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National Westminster Bank Plc

Financial Ombudsman decision DRN-3938434 Upheld

Upheldoutcome, as published by the Ombudsman
£5,000redress stated in the decision
Wed Mar 01deadline 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

Payment delayed or failed

In the Ombudsman’s words

NatWest have admitted they got things wrong when they initially tried to recover the £367.15 payment and not the £5,000 payment. This led to delay in attempting to claim the funds Miss S instructed NatWest to recover.Payment delayed or failed

Rules cited

Payment Services Regulations 2017

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-3938434.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.