Yeah sure I get that bit. I'd appreciate hearing other peoples experiences - where a bank has sent a settlement cheque without even being approached...

Thanks but I was after information on whether others have found themselves in a similar position. I don't want to waste time if I can't claim anyway because they've already settled the matter; in their eyes..

Hi all, About 6 or 7 years ago American Express wrote to me to tell me they'd missold PPI to me and sent me a cheque for about £350. I'd made no contact with them prior to this so it came out of the blue. The letter stated the matter woyld then be resolved and that i could take no further action against them. I dont think I have the letter any more. Is this true? I suspect that they've duped me somewhat and that they actually owe me lots more. Has anyone else encountered this scenario? What should i do? Thanks, Drammy