Building Society Guarantee Limit Financial Services Compensation Scheme Wikipedia
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Up to 85000 per eligible person per bank building society or credit union.
Building muscle in your 50s. Up to 85000 per eligible person per bank building society or credit union. Your eligible deposits with coventry building society are protected up to a total of 85000 by the financial services compensation scheme the uks deposit guarantee scheme. Bank and building society accounts all uk credit unions bank or building society savings accounts current accounts and small business accounts are covered to some degree by the fscs.
The fscs deposit protection limit is 85000 per authorised firm. Ask us if you need more information. The financial services compensation scheme fscs can pay compensation if a bank building society or credit union is unable to pay claims against it.
Any deposits you hold above the 85000 limit are unlikely to be covered. Certain types of guaranteed equity bonds deposit accounts where the interest paid depends on the stock markets performance may also count for savings. This limit is applied to the total of any deposits you have with the following.
The weakening of the pound against the euro since the. Up to 170000 for joint accounts. Yorkshire building society chelsea building society norwich peterborough building.
If you hold money with a uk authorised bank building society or credit union that fails well automatically compensate you. Up to 170000 for joint accounts. If you have more than one account with the same bank or building society.
Savings of up to 85000 will be safe if a bank or building society collapses from now following a 10000 rise in the protection level. The deposit protection limit is. Up to 170000 for joint accounts.
The maximum you would get is still 85000 even if the total of all your different accounts with the same bank added up to more than this. If you hold money with a uk authorised bank building society or credit union that fails well automatically compensate you. Up to 85000 per eligible person per bank building society or credit union.
The fscs protects customers of banks building societies and credit unions that collapse.
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