National Westminster Bank Plc

Financial Ombudsman decision DRN8805444 Not upheld

Not upheldoutcome, as published by the Ombudsman

—no sum stated

—deadline 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

Irresponsible lending, Charges and fees

In the Ombudsman’s words

Mr E complains that National Westminster Bank Plc went back on an agreement to fund a future development project and delayed releasing funds on an existing project.Irresponsible lending

He also says the bank has charged excessive fees and interest on his company’s debt.Charges and fees

Source

This page summarises the Ombudsman’s published final decision. The document itself is the record: DRN8805444.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.