National Westminster Bank Plc

Financial Ombudsman decision DRN-4845928 Upheld

Upheldoutcome, as published by the Ombudsman

£300redress stated in the decision

Tue Jul 09deadline 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, Payment delayed or failed

In the Ombudsman’s words

T, a limited company, complains that National Westminster Bank Plc unreasonably closed its accounts and withheld needed funds.Account closed or refused

NatWest removed the balances from the Euro and Dollar accounts... These funds were not returned to T until 6 July 2023.Payment delayed or failed

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-4845928.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.