Complaint Data 2012 H1

We pride ourselves on the quality of service that we provide but recognise that, on occasions, things can go wrong. If you are unhappy with any aspect of our service then we would like to know about it. We value feedback from customers as it augments our ongoing quality assurance processes and provides us with data that we can analyse to identify the root causes of complaints in the first place thus enabling us to take appropriate steps to prevent this recurring in the future.

Set out below are details of the volume of complaints reported to the Financial Services Authority (FSA) in our last reporting period. To see how Secure Trust Bank and other firms performed previously, please see the FSA's complaints data table.

Firm Name: Secure Trust Bank
Group: Secure Trust Bank PLC
Other firms included in this reporting (if any): None
Period covered in this report: 1 January 2012 - 30 June 2012
Brands/trading names covered: Secure Trust Bank PLC, Moneyway, OneBill

	Banking	Home Finance	General Insurance & Pure Protection
Number of Complaints Opened	631	112	184
Number of Complaints Closed	593	110	130
Complaints Closed Within 8 Weeks (%)	98%	95%	94%
Closed Complaints Upheld* By Firm (%)	82%	63%	12%

*This is where we have agreed with the customer that their complaint was justified either in whole or in part.

To put the above figures into context:

Our 631 Banking complaints have resulted from just over 108,000 accounts which equates to 5.8 complaints per 1000 accounts
For every 1000 Home Finance loans we had outstanding we received 4.11 complaints (These complaints relate to our OneBill budgeting account)
Our 184 General Insurance complaints have resulted from just over 6000 policies which equates to 30 complaints per 1000 policies. All 184 General Insurance complaints relate to Payment Protection Insurance (PPI).

Complaints Procedure

For information on how we deal with complaints please see our internal complaints procedure.