BankConductIndex

Firms › First Rate Exchange Services Ltd ›

First Rate Exchange Services Ltd

Financial Ombudsman decision DRN0068410 Upheld

Upheldoutcome, as published by the Ombudsman
£600redress stated in the decision
Mon Jan 08deadline 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

Payment delayed or failed, Service failure

In the Ombudsman’s words

did not make available to them, for over a week ,1700 EurosPayment delayed or failed
First Rate admit they’ve made the mistake alleged in this caseService failure

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN0068410.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.