HSBC Ordered to Pay £250 for Issuing Bounce Back Loan in Director’s Name, Ombudsman Upholds Complaint
BBL Complaints Dismissed
HSBC Denies Feeder Account for Bounce Back Loan, Ombudsman Dismisses Complaint
HSBC denied a feeder account, preventing a Bounce Back Loan application. The Ombudsman dismissed the complaint, affirming the bank’s account approval discretion. […]
BBL Blaggers
8-Year Ban for Director’s Dual Bounce Back Loan Misuse Scheme
A director who secured two HSBC Bounce Back Loans—one for a dormant company, another by inflating turnover—faces an 8-year ban for misusing funds on a car and personal transfers. Learn how this scam unfolded. […]
BBL Complaints Dismissed
HSBC Not Required to Monitor Bounce Back Loan Spending, Ombudsman Dismisses Complaint
An HSBC customer complained about the bank’s lack of oversight on Bounce Back Loan spending. The Ombudsman dismissed the complaint, stating it’s not the bank’s duty. […]