How It Works

About Beat The Banks & Our Process

We are a PPI reclaims company based in Dundee, Scotland. All our claims experts are ex bank lending managers and most of our team have a banking or financial services background.

Using our skills and knowledge, our aim is to complete every claim, no matter how big or small, with the same level of care and attention. It’s not our policy to submit claims for mis-sold PPI, unless our clients have the appropriate paperwork and a clear recollection of the circumstances of the sale of the insurance. If they don’t, it’s then our job to recover the full borrowing paperwork from the lender before submitting a claim.

This is a world away from other claims companies who only pursue “mini Sarn” information. Skeletal account information that provides no supporting paperwork, can frequently be wrong, is not covered under the Data Protection Act 1998 and often very much time limited.

Our full SARN generally allows us not only to obtain much more information from the lender, but also over a greater period of time. In some cases, this can be as far back as the early 90’s.

If you know you have paid PPI, then we will meet the £10 statutory fee the lender charged under the Data Protection Act 1998. If you are not sure, we will ask you to pay the fee, but will administrate the process on your behalf. This fee is non-refundable on any claim(s) canceled after the 14 days cooling off period.

We commit to never asking you to complete complicated forms and will always provide you with your own dedicated Claims Expert. Just sign your name and bank the cheque and let the team at Beat the Banks do the rest.

How It Works

Most PPI companies claim to be able to obtain your financial records as far back as ten years. They also claim to be able to check for contracts sold with PPI without any account details. This is done by means of a “Mini Subject Access Request” for which the information is received from the lender for either no cost or a small fee, typically, £5.00.

At Beat The Banks, we specialise in recovering your banking records back as far as 1995 or earlier. Whilst theoretically, lenders only have to retain records for up to six years after closure of account, in practical terms, this is not the case, especially where, for example, you may continue to have a banking relationship or did so up to six years ago.

A “Mini-Subject Access Request” typically discloses if a loan had PPI, when it was taken and when it was repaid. No documentation is recovered by, or from, the lender using this process. At Beat The Banks, we believe that only by recovering the associated paperwork can a claim be properly presented to a lender. To do this, we obtain a Full Subject Access Request. If you are certain that you have paid PPI with a lender, we are happy to meet the cost. If, on the other hand, you are unsure as to whether you did pay PPI we are happy to complete the process for you if you are happy to pay the lender’s statutory fee of £10.00. This fee is not refundable if you cancel after the 14 day cooling off period.

The full SARN allows us to fully determine what happened at the point of sale and that is vital when presenting your case. It’s one of the reasons why we are so successful in reclaiming your money.








From Our Clients

  • “Huge thank you to the team. After attempting to claim PPI myself and getting absolutely nowhere, I got Beat the Banks involved and ended up getting  £12,000. What a result. Beat the Banks made it so easy and were committed right to the end.”

    Shona, Dundee
  • “From previous experience of PPI claim companies, I was a bit dubious if anyone could help me but I thought I would try Beat The Banks. To say I am pleased with the service and conclusion to my claim is an understatement. Beat the banks and my claim handler in particular handled all aspects of the claim from Clydesdale Bank with professionalism, courtesy, and efficiency to secure a positive result on my behalf. I would certainly recommend the services of Beat the Banks to anyone who thinks they have PPI claim, especially with the Clydesdale Bank.”

    Mr A McQuillian
  • “Down entirely to Mike’s hard work, we previously had a successful claim with Clydesdale Bank. Mike was convinced we had more loans with PPI and he was relentless in efforts to recover our paperwork from the bank. Finally, after many attempts, enough records were recovered to submit several claims. We have now received much more compensation, covering loans going back many, many years. If it had not been for Mike and the team at Beat the Banks this would never, ever have happened. Literally, all we did was sign our name and bank the cheque.”

    T & A, Dundee
  • “I was apprehensive about using a company to claim my PPI as I had previously responded to a “cold call” and was pestered with calls. I heard about Beat The Banks on a local radio station and because they were based in Scotland I felt comfortable approaching them. I have had a very positive experience with Beat The Banks. They are not pushy and answer any queries timeously. All the Agents I have spoken to were knowledgeable, polite and friendly. After the initial information gathering conversation, they understood my needs and just got on with my claim. No hassle. Even when it was clear that my claim was of a relatively low value they processed without delay. I would definitely recommend using Beat The Banks …. they put all the other companies out there to shame.”

    Mrs S, Falkirk
  • “Excellent service so helpful, I received a substantial sum back that I had no idea I was due, thank you again to Beat The Banks especially to Gary who was so helpful and efficient in every way.”

    Mrs M, Elgin
  • “We had no paperwork but £52,500 reasons to say thank you, we are now living our Spanish dream! Exceptional service.”

    Dave & Linda , Dundee
  • “Have just found out I have won all my cases with the bank, going back many years and been awarded compensation of just over £15,000!”

    Mr S, Dingwall
  • “We really appreciate the doggedness and professionalism of Jenna and the team at Beat the Banks. This is something we’d never have gotten round to doing and we’re so glad we went through the process with professionals as we’ve now had great results. Only positives have come from the experience.”

    Mr & Mrs M, Shetland
  • “From beginning to end, Beat the Banks have been very efficient. I am very pleased with the service from Jenna and the team. I am highly delighted and I have been recommending all of my friends.”

    Mrs C, Glasgow

Message From Mike Begg

Mike Begg is the Managing Director of Beat The Banks

We are a PPI reclaims company based in Dundee, Scotland. All our claims experts are ex bank lending managers and most of our team have a banking or financial services background.

Using our skills and knowledge, our aim is to complete every claim, no matter how big or small, with the same level of care and attention. It’s not our policy to submit claims for mis-sold PPI, unless our clients have the appropriate paperwork and a clear recollection of the circumstances of the sale of the insurance. If they don’t, it’s then our job to recover the full borrowing paperwork from the lender before submitting a claim.

This is a world away from other claims companies who only pursue “mini Sarn” information. Skeletal account information that provides no supporting paperwork, can frequently be wrong, is not covered under the Data Protection Act 1998 and often very much time limited.

Some of the dirty sakes tricks applied across the banking industry over the last twenty five plus years have been truly horrific. Light years away from the morals and ethics that existed when I embarked on my banking career away back in 1980.

Greed and target driven selling saw banking morph from cosy friendly banking to screwing every last penny from customers. Beat the Banks was set up to help people by using our intimate knowledge of the industry. I’m proud to say that we have now reclaimed more than £25 million for our customers.

We firmly believe that less than 50% of the public who were mis-sold PPI, have claimed and with a deadline of 29 August 2019, time really is running out. If you or any of your friends or relations haven’t already claimed, please don’t lose the chance and let the banks win. The team at Beat the Banks is here to make claiming as simple and pain free as possible.

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Beat The Banks

11 albert Square

Dundee DD1 1DD

UK

08001931234

claim@beatthebanks.co.uk