London Scottish Bank Plc
London Scottish Bank (firm reference number 204502) has stopped trading. It went out of business on 30 November 2008.
After investigating the situation, we have concluded that London Scottish Bank is unable, or likely to be unable, to pay compensation claims against it in relation to the selling of payment protection insurance (PPI) on or after 14 January 2005.
As a result of this, we have declared London Scottish Bank as a failed firm. The technical term for this is 'a company in default'. You could be eligible to claim PPI compensation from London Scottish Bank through FSCS – it’s completely free to claim with us.
London Scottish Bank PPI claims
If you were a customer and think London Scottish Bank mis-sold you a PPI policy, or London Scottish Bank earned commission from the sale of PPI but didn’t tell you the level of commission at the time you bought it, then you could be eligible to claim compensation through us.
Find out if you can make a PPI claim now by using our online claims service. If you’re eligible, it’s free to claim with us and you can do it all online.