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In the UK current account deposits are insured up to £85k. Northern Rock went pop ~8 years ago and the public did not lose money - the government did though.
by trollied 7y ago
In the UK current account deposits are insured up to £85k.
Northern Rock went pop ~8 years ago and the public did not lose money - the government did though.
- user5994461 7y agoMakes one wonder what's the procedure and how long it takes to get the money back. Either way, it can't be a good experience to be stranded with no card, no bank account, and the bit of money you had all frozen indefinitely.