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Santander customers can still make PPI claims

Spanish bank Santander has confirmed that it will continue to process claims regarding mis-sold Payment Protection Insurance (PPI).

In October, the British Bankers Association confirmed that it had asked the High Court to carry out a judicial review of proposed regulations regarding PPI.

The Financial Services Authority (FSA) wanted to change the way in which complaints about ye policies were handled but the BBA wishes to question the legality of such rulings.

During this time, a number of UK banks have announced that they will not process any complaints until the review is over. However, Santander has announced that it will not be following in their footsteps.

A Santander spokesperson said "We are not involved in the legal action being pursued by a number of UK banks with regards to PPI.

"We will continue to deal with any issues our customers put to us regarding PPI in accordance with FSA rules."

Posted by John Fieldman

Having worked in the city for 19 years, John's main focus is interest rates and corporate finance ADNFCR-2776-ID-800200591-ADNFCR

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