E B A
Declared in default10 May 2018FRN 302417
What this means for you
Because E B A 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
E B A (FRN 302417) was declared in default by the Financial Services Compensation Scheme on 10 May 2018. The firm's product types were not specified in available records. Eligible customers of E B A may be entitled to FSCS compensation, though the applicable limits depend on the category of product involved: investments and mortgages are covered up to £85,000, deposits up to £85,000, and insurance claims at 90 per cent with no upper limit.
Products this firm wrote
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How to claim
- Check you were a customer of this firm during the period it was regulated.
- Gather your policy / advice / contract paperwork — start with anything you have in writing.
- Identify your loss and the date it crystallised.
- Apply via the FSCS online claim portal at claims.fscs.org.uk.
- The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.