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That's for "haircuts". Bankruptcies means money gone. Poof.
by tpoacher 4y ago
That's for "haircuts".
Bankruptcies means money gone. Poof.
- adhesive_wombat 4y agoFrom the FSCS: > If you hold money with a UK-authorised bank, building society or credit union that fails, we’ll automatically compensate you. > up to £85,000 per eligible person, per bank, building society or credit union. > up to £170,000 for joint accounts.
- capableweb 4y agoNot sure what you're talking about. This is from TFA: > The Bank of England, absent any meaningful further information, intends to apply to the Court to place Silicon Valley Bank UK Limited (‘SVBUK’) into a Bank Insolvency Procedure. A Bank Insolvency Procedure would mean that eligible depositors are paid out by the FSCS as quickly as possible up to the protected limit of £85,000 or up to £170,000 for joint accounts.