Veste

Not upheld: account closure complaint against National Westminster Bank Public Limited Company

Financial Ombudsman decision DRN-6367248 of 2026-06-04T00:00:00+00:00. account closure complaint against National Westminster Bank Public Limited Company. Outcome: Not upheld.

Decision detail

ReferenceDRN-6367248
Decision date2026-06-04T00:00:00+00:00
FirmNational Westminster Bank Public Limited Company
ProductCurrent account
Claim typeaccount closure
OutcomeNot upheld
RemedyNone. The complaint was not upheld.

Summary

Mr A complained that NatWest unfairly closed his account with immediate effect in mid-March 2025. NatWest returned his funds without undue delay. Mr A claimed he raised a complaint immediately after closure but received no response, though NatWest has no record of such a complaint. The ombudsman found that NatWest's decision to close the account was fair and reasonable, complying with account terms and regulatory obligations. After reviewing NatWest's confidential reasons for closure, the ombudsman determined no further action or compensation was warranted.

The Ombudsman's reasoning

The ombudsman determined that NatWest is entitled to close accounts as long as it does so fairly, without unlawful discrimination or unfair bias, and in keeping with account terms and conditions. The account terms permit immediate closure in certain circumstances. NatWest provided reasons for the closure which, after confidential review, the ombudsman found to be fair and reasonable. The ombudsman noted it is not within the FOS remit to dictate NatWest's policies or risk appetite, only to determine whether customers were treated fairly.

How this compares

GroupDecisionsUphold rate
National Westminster Bank Public Limited Company, all decisions1,17914%
Current account, all decisions45,59019%

Source

Read the original decision on the Financial Ombudsman Service website