
Santander Seizes Personal Funds for Ineligible Bounce Back Loan, Ombudsman Dismisses Complaint

A director faces a seven-year ban for securing a £50,000 Santander Bounce Back Loan for a non-trading business with no turnover and not using it for business benefit. The disqualification highlights misuse of the loan scheme. […]
HSBC denied an account application, preventing a Bounce Back Loan. The Ombudsman dismissed the complaint, upholding the bank’s discretion to refuse accounts. […]
Barclays delayed a Bounce Back Loan application, causing inconvenience. The Ombudsman upheld the complaint, ordering £75 compensation for the bank’s error. […]
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