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BMW Financial Services(GB) Limited
Financial Ombudsman decision DRN-4706266 Upheld
Upheldoutcome, as published by the Ombudsman
£350redress stated in the decision
Fri May 10deadline 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
In the Ombudsman’s words
I consider it reasonable for BMWFS to pay Mr K interest on the deposit payment, from the date the agreement commenced until the date it was refunded.Interest and rates
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4706266.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.