View more on these topics

Santander receives 1,300 complaints a day in first half of 2010

Santander has announced it received around 1,300 complaints a day in the six-month period to June 2010.

The figure, which equates to around 245,000 complaints, is 7 per cent down on the same period in 2009.

The bank says around seven out of 10 complaints were dealt with within 48 hours and only 2 per cent were outstanding for more than eight weeks. It also said four out of every 10 complaints were upheld in favour of the customer.

Santander says some customers are experiencing more issues than normal due to the bank’s expansion in recent months and, as a result, has made more support staff available in branches and call centres.

Director of service quality and complaints Steve Williams says: “Whilst we are pleased that the volume of complaints received has decreased from the same time last year, we know we need to do more.   Improving service quality remains a priority for Santander, as we don’t want any customer to be disappointed by the experience they receive from banking with us.”

There was 216,158 banking complaints in the first six months of the year. However, the banking category excludes 244,772 complaints related to bank charges. The Supreme Court decided that these bank charges could not be assessed for fairness and, therefore, complaints relating to this were closed during the first half of 2010.

Lloyds TSB announced yesterday it received around 2,000 banking related complaints a day in the first half of 2010, but rejected nine out of 10 of them.

Recommended

3

Self importance

Paul Thomas looks at the options for self-employed borrowers following the MMR

1

Scepticism at thinktank’s forecast of rate rise to 8%

Mortgage experts are sceptical of The Policy Exchange’s forecast that interest rates could rocket to 8 per cent by 2012. The thinktank’s chief economist Andrew Lilico says the Bank of England may be forced into dramatic bank rate increases due to rapidly rising inflation. The forecast is in stark contrast to Ernst & Young’s prediction […]

Dotas position

HMRC and the Treasury are aiming to bridge what they call an information gap with the IHT avoidance regime

Zurich hit with £2.3m fine for data loss

The FSA has fined the UK branch of Zurich Insurance £2.3m for failing to have adequate systems and controls in place to prevent the loss of customers’ confidential information. The fine is the highest levied to date on a single firm for data security failings and follows the loss of 46,000 customers’ personal details, including […]

Newsletter

News and expert analysis straight to your inbox

Sign up

Comments

There are 3 comments at the moment, we would love to hear your opinion too.

  1. I might make a similar number of complaints in the second half of 2010….

    BUT, does the regulator care?

  2. Just the kind of people that should be allowed to become europe’s biggest bank (sorry, meant biggest too big to fail bank…)

    You would have thought the public would be more appreciative when they are being bribed with 100 GBPs to open an account that these guys have worked so hard to make so easy for them, don’t people understand how hard it is to make an honest living these days….

  3. I had a £60 Santander bank charge imposed because I went £3.20 overdrawn. Avoid this bank please everyone

Leave a comment