HSBC UK Bank Plc
Financial Ombudsman decision DRN-4173773 Partly upheld
Partly upheldoutcome, as published by the Ombudsman
£500redress stated in the decision
Sun 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
Account closed or refused, Product mis-sold
In the Ombudsman’s words
HSBC UK Bank Plc unfairly terminated his Bounce Back Loan agreement and closed his bank accountAccount closed or refused
HSBC concluded that Mr S hadn’t been carrying on business at the requisite point in time.Product mis-sold
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4173773.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.