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Lloyds TSB Repayment timescale.


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Hi All,

 

I've got 2 complaints outstanding with LTSB, they have accepted both complaints and i in turn have accepted their offer of a full refund +8%.

 

How long does it take them to pay up? Are there any legal guidlines as to the repayment speed?

 

many thanks

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on my lrtters from the FOS they advise allowing the bank up to eight weeks to settle.but ltsb paid money to my sister in law after five weeks. they stated that they would put her payment in her account within 21days but it took another letter to jog their memory before they paid up

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