FSCS in-default register

Bank Of Credit & Commerce International

Declared in default3 January 1992FRN 122203

What this means for you

Because Bank Of Credit & Commerce International has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Bank of Credit & Commerce International (FRN: 122203) was declared in default by the FSCS on 3 January 1992. The firm's specific product offerings are not detailed in available records. Former customers may be entitled to FSCS compensation, though the applicable limits depend on the financial products they held with the institution.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.