Sign up Thank you for subscribing We have more newsletters Show me See our privacy noticeThousands of HSBC customers are being sent refunds worth thousands of pounds as the lender seeks to rectify a payments error it more than a decade ago. Customers who banked with HSBC, First Direct, Marks & Spencer bank or John Lewis Finance between 2010 and 2019 have been receiving £50 compensation payouts since mid-2020 in the post. These have all now been made however HSBC - which owns all four lenders - is now issuing further refunds for fees and interest changes incurred over the nine-month period. The latest refunds are linked to fees and HSBC - the umbrella company - is now processing these refunds. A HSBC UK spokesperson previously said: "We always strive to do the right thing by our customers.

Source: Daily Mirror May 18, 2021 20:00 UTC