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In the UK, consumer deposits are protected only up to £85k. Everyone has several bank accounts. If the person on the street knows this, it’s not too much to ask
by secondcoming 4y ago
In the UK, consumer deposits are protected only up to £85k. Everyone has several bank accounts. If the person on the street knows this, it’s not too much to ask that someone running a business does too.
- deleted 4y ago[deleted]
- muyuu 4y agoyep and if US$250K in cash is not a lot to have in deposits, then certainly some basic risk management and due diligence shouldn't be too much to ask for either