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First Floor,

Central Bank Building,

Eric Williams Plaza,

Independence Square,

Trinidad, W.I.

Tel: (868) 625-4835; 5028

Exts: 2650; 2657; 2681; 2685

Fax: (868) 627-1087

Email: info@ofso.org.tt

Website: www.ofso.org.tt 

Feedback Form

 

 

FAQS

QUESTION: Is the process binding?

ANSWER: The decisions of the Ombudsman are not binding on the complainant or the financial institution involved, except that an award made by the Ombudsman and accepted by the complainant as full and final settlement of the matter is binding on the financial institution.

RELATED FAQS

1. Who is the Financial Services Ombudsman?
2. Where is the office of the Ombudsman located?
3. What is the purpose of the Financial Services Ombudsman?
4. Does the Ombudsman handle all complaints?
5. What type of complaints would the Ombudsman consider?
6. Can the Ombudsman consider complaints arising from the foreign operations of the financial institutions of Trinidad and Tobago?
7. What are the first steps to complaining?
8. How should the complaint be communicated?
9. Is there a ceiling on the award to a Complainant?
10. Do I have to pay for the services?
11. How confidential is the process?  
12. If I still remain dissatisfied with the matter after it has been determined by the Office of the Financial Services Ombudsman, can I go to court?
13. Is the Office of the Financial Services Ombudsman independent?
14. If I need further details or clarification on any of the above questions, whom can I contact?
15. What is a small business?
16. Which are the participating commercial banks?
17. Which are the participating insurance companies?
18. Why do I have to put my complaint in writing?
19. Can someone else complain on my behalf?
20. Do I need a lawyer?
21. Are there any time limitations with regard to filing a complaint?
22. What happens if the bank or insurance company does not accept the recommendation of the Financial Services Ombudsman?