
NatWest Seizes Bounce Back Loan and Closes Account, Ombudsman Dismisses Complaint

HSBC’s errors prevented a customer from securing a Bounce Back Loan. The Ombudsman upheld the complaint, ordering a replica loan post-scheme closure for the bank’s mistakes. […]
Hafiz Abdul Rehman Sultani, director of SR Industries (HK) Limited, faces an 11-year ban after failing to justify the turnover estimate used to secure a Bounce Back Loan and fraudulently obtaining two loans from HSBC and NatWest. […]
Santander misled a customer about amending a Bounce Back Loan turnover figure, then cited fixed rules. The Ombudsman upheld the complaint, awarding £100 compensation. […]
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