Santander (previously Abbey national) set side the huge amount of £538 million in July 2011 to cover the predicted amount of potentially missold PPI policies. As one of the largest UK banks with over 35 million customers it could be seen as unsurprising that the amount due for PPI refund is so high.
In 2010 Santander received almost 5000 consumer complains through the Financial Ombudsman Service. A large number of these complaints related to mis-sold payment protection policies provided by Santander and Abbey National before them.
If you think you may have had a mis sold Santander PPI policy then contact us today. Petitions Direct have made numerous successful PPI refund claims against Santander on our customers’ behalf.To find out more on how to claim mis-sold PPI back from Santander click here