BANK PROFESSIONAL NEGLIGENCE COMPENSATION
Apart from commercial and industrial transactions banks are involved in many different types of domestic matters that can range from investment advice to drafting wills and dealing with probate. The rules for professional negligence are no different when dealing with a corporate entity such as a bank than when dealing with an individual. Provided that the bank owes its customer a duty of care (the bank/customer relationship is usually sufficient) and has acted negligently (that is unreasonably and not in accordance with acceptable banking standards) and loss to the customer has ensued then a compensation claim for professional negligence can be made against the bank.
HELPLINE 0844 915 0135
Wills & Probate
Professional negligence by solicitors whilst handling wills and probate is not an uncommon issue and it is therefore not surprising that a bank may suffer from the same problems. Negligent will drafting is an extremely common matter with potential beneficiaries finding that the will has not been drafted in accordance with the testator’s wishes or in such a way as to invalidate the whole document.
HELPLINE 0844 915 0135
Property Transactions
Banks are often involved in property transactions and may employ a negligent surveyor or valuer or other professional person whose actions may effectively become the responsibility of the bank making the bank vicariously liable for professional negligence.
HELPLINE 0844 915 0135
Financial Advice
Banks do sometimes become involved in financial guidance either in house or by referral to an independent financial advisor and it is possible in certain circumstances to sue a bank for professional negligence if the advice tendered results in financial loss.
HELPLINE 0844 915 0135
Other Banking Claims
There are many other areas where compensation may be claimed against banks that are not strictly issues of professional negligence including :-
- overcharging for services
- making an offer then reneging on it
- loss of something of value - deeds etc
- negligent or poor advice
- refusal to supply statements or documents
- refusal to release security without just cause
- failure to return payments due
- breach of confidentiality
HELPLINE 0844 915 0135
Professional Negligence Lawyers Association
If you find yourself in the invidious position of having to consider legal action to claim damages for professional negligence against a bank we can help. Our civil litigation solicitors, who are members of the Professional Negligence Lawyers Association deal with banking claims using the no win no fee scheme and compensation is paid in full. If you would like to know if you have a potential claim just email or use the helpline and we will take full details, carry out a detailed risk assessment and advise you in the clearest of terms whether or not we believe that you have a valid claim for compensation and the value of damages likely to be awarded.
Please Note :- We do not deal with complaints about poor service, bad attitudes or inadequate procedures. We deal with claims involving financial loss that has been or is likely to be sustained.