
Barclays Ordered to Pay £200 for Declining Bounce Back Loan and Closing Account, Ombudsman Upholds Complaint

HSBC’s application system ignored a customer’s selection, causing a Bounce Back Loan error, and the bank hid the issue. The Ombudsman upheld the complaint, ordering the loan written off and compensation. […]
Directors who diverted Bounce Back Loans to personal uses face Insolvency Service penalties. […]
RBS failed to inform a customer they weren’t debanked, leading to duplicate Bounce Back Loan payments and an £18,000 overdraft. […]
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