Re help compensation calculation

lydia5683

Hi I would be grateful if someone could confirm that the compensation I received from my bank is calculated correctly.

The financial ombudsman ordered them to pay £13,274 plus 8 percent simple interest from 26 dec which is when I lost my money due to a scam until 03 oct which is when they paid me.

Overall they paid £13,932.44

I struggled to understand the interest calculator and it seemed wrong and my bank didn't provide an explanation. The ombudsman take around a week to respond so I thought if you could help more quickly

Thanks

lydia5683

Thanks so much I was stressing over it