BC-8.11.3

Past version: Effective from 01 Apr 2008 to 30 Sep 2011
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In their final responses to customers’ complaints, conventional bank licensees must:

(a) Accept (or partially accept) the complaint and where appropriate offer compensation or other forms of redress; or
(b) Reject (or partially reject) the complaint, informing customers with a full explanation of the licensee’s position.
Added: April 2008