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Lloyds PPI query - cheque or bank transfer?

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Hi,

I'm just looking for a bit of info from anyone that has had a successful PPI claim with Lloyds Bank. Do they always send a cheque if you no longer bank with them, or do they offer transfers to other banks too?

Many thanks in advance.

Comments

  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    Should you be successful in a complaint, the redress will be paid by cheque if you no longer bank with Lloyds.
  • MovingForwards
    MovingForwards Posts: 17,149 Forumite
    10,000 Posts Seventh Anniversary Name Dropper Photogenic
    I've had one into my non-Lloyds account, I'm waiting for a cheque for the other one from them.

    If you give them your bank details they will transfer the money to it.
    Mortgage started 2020, aiming to clear 31/12/2029.
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