BankConductIndex

Firms › Kroo Bank Ltd ›

Kroo Bank Ltd

Financial Ombudsman decision DRN-5593551 Upheld

Upheldoutcome, as published by the Ombudsman
£100redress stated in the decision
Mon Dec 15deadline 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

Funds blocked or frozen, Complaint handling

In the Ombudsman’s words

suspended access to his accountFunds blocked or frozen
Kroo Bank hadn’t provided sufficient evidence to our service to show it acted fairly when deciding to block Mr D’s accountComplaint handling

Rules cited

FCA DISP (Dispute Resolution)

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-5593551.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.