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MONZO BANK LIMITED

Financial Ombudsman decision DRN-4441557 Not upheld

Not upheldoutcome, as published by the Ombudsman
—no sum stated
Fri Dec 29deadline 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

Unauthorised transaction, Account closed or refused

In the Ombudsman’s words

allowed transactions to be made from his account that he didn’t recogniseUnauthorised transaction
the closure of the account was made based on a commercial decisionAccount closed or refused

Rules cited

Consumer Credit Act 1974

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4441557.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.