GMBC Financial Services Limited
What this means for you
Because GMBC Financial Services Limited 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
GMBC Financial Services Limited, regulated under FRN 148930, was declared in default by the Financial Services Compensation Scheme (FSCS) on 18 June 2013. The firm's specific product offerings cannot be determined from available records, limiting clarity on the precise services it provided to customers. Former customers may be eligible for FSCS compensation up to £85,000 for investments or deposits, or 90 per cent of insurance claims with no upper limit, depending on the products held.
Products this firm wrote
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.