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Do you know
The Banking Code of Practice was abolished in 2009

The Code was replaced by the Banking:Conduct of Business Regulations (BCOB)

BCOB makes it unlawful for your bank to treat you unfairly

BCOB makes it unlawful for your bank to communicate with you in an unfair way

BCOB is legally binding on the banks
You have a right to sue your bank in the County Court if they break these laws

BCOBS applies to retail current account banking.

For credit cards, loans, insurances, you are protected by COBS


Have a look at these articles:-



Aliases
  • COBS
  • Treated unfairly
  • Acting unfairly
  • Unfair treatment
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