TIPS FOR RESOLVING DISPUTES
If you have a specific grievance about a financial institution, there are several steps to follow in order to have it addressed:
CONTACT THE COMPANY DIRECTLY
Call the company to find out where to direct your complaint and then submit it, preferably in writing. The BMA requires companies to have a formal complaints procedure in place, including logging, and ensure they are dealt with promptly; this is also a requirement in the market Codes. The Authority has the power to review the complaints log as part of our supervision.
Firms should keep you advised of how they are dealing with your issue; tell you how and when it will be resolved; or clearly explain why it cannot be addressed.
