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PPI payout

We have  a claim with M & S for PPI they say they have not found in our favour but have agreed to pay a refund for undisclosed commission and interest and loss of interest on savings less tax.

Can we bank the cheque but still dispute their decision to reject the claim?

Comments

  • dunstonh
    dunstonh Posts: 119,905 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Can we bank the cheque but still dispute their decision to reject the claim?
    yes
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • [Deleted User]
    [Deleted User] Posts: 26,612 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper Photogenic
    Can we bank the cheque but still dispute their decision to reject the claim?
    Of course. 
    Should the Ombudsman rule in your favour, though,  the amount you have already banked will be deducted from any award..
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