MONZO BANK LIMITED
Financial Ombudsman decision DRN-6131266 Not upheld
Not upheldoutcome, as published by the Ombudsman
—no sum stated
Wed Mar 11deadline 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’m satisfied Mr D ‘authorised’ the payments for the purposes of the of the Payment Services Regulations 2017 (‘the Regulations’), in force at the time. So, he is presumed liable for the loss in the first instance.Unauthorised transaction
Rules cited
Source
This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN-6131266.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.