If you answered yes to the above question there is a chance that your Bank of Scotland PPI policy was mis-sold and you could be due compensation. *Existing Bank of Scotland PPI policies offer varying levels of cover including: An easy way to understand if you have an active PPI policy is to check your monthly credit card account statements for the record of premiums you have paid. Check now to find out if Bank of Scotland attached PPI to your credit . If you have any concerns that aren’t about the sale of your PPI policy, you can still make a complaint. We understand there may have been difficult personal circumstances that meant you were unable to raise your complaint before the PPI deadline (the Ombudsman calls these 'exceptional circumstances‘) or you may have had a recent claim declined on an active PPI policy you believed covered you. Opens in a new browser window. Registered Office: The Mound, Edinburgh EH1 1YZ. The bank was the subject of more than 18,000 complaints, but more of these - 37% - were upheld. If you were mis-sold Payment Protection Insurance by Bank of Scotland and your claim is successful, your PPI premiums will be repaid along with any appropriate interest. Opens in a new browser window. Then we'll write to you both with our final decision on your complaint once our review is completed. Bank of Ireland sold PPI with mortgages. If you'd like an update on your enquiry, please contact them directly. Registered in Scotland no. If you have a loan or mortgage agreement then you will need to refer to your annual account statement. However does prohibit unemployed, self-employed and retired who are unable to repay, as they are hard to get recovery. Our biggest PPI win with Bank of Scotland is £13,473.09 Our average PPI win with Bank of Scotland is £2,967.84. Did you have PPI on any Royal Bank of Scotland products? It is important to get your claims assessed by one of our specialist claims handlers as there are varied levels of cover. If you have a speech or hearing impairment, you can contact us using the Next Generation Text Service. There are many ways of referring to Bank of Scotland payment protection insurance (PPI), these include credit insurance, credit protection or loan repayment insurance. Bank of Scotland, like many other banks and financial institutions, make it very easy to make a Payment Protection Insurance (PPI) claim against them. Initially, the banks, including Bank of Scotland, were extremely reluctant to deal with consumer complaints. So that we can support those in the most vulnerable situations please only call if it is urgent. For the majority of PPI policies (excluding personal loans) you will have received an annual review of your insurance policy, this informs you with details of the cover and cost of your premiums for the previous year. The Financial Services Authority estimates that over 9 billion pounds could well be paid out as payment for mis-sold PPI. We’re sorry for the ongoing delay in getting a response to you. We’ll include compensatory interest right up to when we send you our final decision. Bank of Scotland PPI Claims - Were you sold PPI on a loan or credit card from the Bank of Scotland in the last 10 years? Start a FREE PPI check. Bank of Scotland PPI claims – Let’s begin. We're working through PPI complaints as quickly as we can but our response may take a little longer than usual due to the coronavirus pandemic. If your claim is successful your Credit Card policy will usually pay 20% of your outstanding Credit Card balance (calculated on the date your claim arises) each month for a maximum of 6 months per claim for accident, sickness and unemployment. This whole scenario is just ridiculous! Background on the PPI scandal. Registered Office: The Mound, Edinburgh EH1 1YZ. If you’re not happy with our final response, or haven't received a final response within 8 weeks, you have the right to refer your case to the Ombudsman. This is stage 1 of 2. Bank of Scotland Logo. I've put in a PPI claim from the Bank of Scotland for a personal loan they mis-sold me. * *As at December 2018. If we receive information more than six months from the date of our final response letter, we'll only consider re-opening your complaint if there were exceptional circumstances that meant you couldn't get back to us within six months. * *As at December 2018 We won’t be able to discuss the complaint with you until the Ombudsman completes their investigation. Bank of Scotland owner upbeat over outlook after PPI hits profits By Scott Wright Deputy Business Editor Lloyds' chief executive Antonio Horta-Osorio The Bank of Scotland. To make a complaint in exceptional circumstances 20 % Generation text service your. 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