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I (probably stupidly and naively but in the end luckily) didn't pay that close attention and just trusted that the FSCS would come through. I was in the fortuna
by josephlord 13y ago
I (probably stupidly and naively but in the end luckily) didn't pay that close attention and just trusted that the FSCS would come through. I was in the fortunate position of not needing the cash in the short term though.
It may have been a £50K limit, the precise number wasn't an issue for me at the time as I wasn't near either figure.
- netcan 13y agoWhere do you stand on that know? Would you be willing to take a substantially lower interest rate in a UK based account over a foreign, more ambiguously guaranteed one?
- josephlord 13y agoWould probably still trust FSCS upto it's stated limits (although I would reread/print relevent bits from their website and might do research before investing in Icelandic, Greek, Cypriot and maybe even Italian banks to check there is no risk of devaluation and default that isn't covered.