What does CIFO mean in GENERAL
Channel Islands Financial Ombudsman (CIFO) is an independent body responsible for settling disputes between customers and financial firms in the Channel Islands. It resolves issues relating to banking, insurance, investments and credit services. All complaints received by CIFO are considered impartially and without prejudice.
CIFO meaning in General in Business
CIFO mostly used in an acronym General in Category Business that means Channel Islands Financial Ombudsman
Shorthand: CIFO,
Full Form: Channel Islands Financial Ombudsman
For more information of "Channel Islands Financial Ombudsman", see the section below.
Essential Questions and Answers on Channel Islands Financial Ombudsman in "BUSINESS»GENERALBUS"
What kind of services does CIFO provide?
CIFO resolves issues related to banking, insurance, investments and credit services in the Channel Islands.
How do I submit a complaint to CIFO?
You can make a complaint online via their website or via email/letter. It's important that you include all relevant details of your complaint so that it can be addressed quickly and efficiently.
Is there a time limit on how long my complaint can take to resolve?
Yes - typically the time taken for a case to be resolved should not exceed three months from when your complaint was initially received by CIFO. However this could be longer depending on the complexity of the dispute.
Does using CIFO cost anything?
No, using CIFO is completely free of charge for customers.
Does CIFO have any power to enforce its decisions?
Yes, if both parties agree to accept a decision made by the ombudsman then it will be legally binding for both parties involved in the dispute.
Final Words:
If you're living in one of the Channel Islands and have had a problem with a financial firm then you should contact CIFO who will work diligently to find satisfactory resolution for both parties involved in a timely fashion.