Which Banks own which others??

David_beach

I was told tonight that if it is a joint account then you get £70k protection but I have been unable to confirm this.

Is anybody able to confirm this and the source please.

Thank

YorkshireBoy

David_beach wrote: »

Is anybody able to confirm this and the source please.

http://www.fscs.org.uk/consumer/FAQs/Deposit_claims_FAQs/

Trollfever

May be out of date, but I have this in my bookmarks:

http://timesbusiness.typepad.com/money_weblog/2007/12/post.html


.

tessie_bear

this is a very timely useful thread im considering the under the mattress approach to family finance and investments

chesterfield44

MattHudson wrote: »

[FONT=Arial,Helvetica,sans-serif]Which savings providers count as one financial institution?[/FONT]

Abbey (1)
Alliance & Leicester

Bank of Ireland (2)

Barclays
Bank of Scotland (3)
Birmingham Midshires (3)
Bradford & Bingley
Cahoot (1)
Capital One
Chelt'ham & Gloucester (8)
Citibank
Clydesdale Bank (4)
Co-operative Bank (5)
Direct Line (6)
Egg
First Direct (7)
Firstsave
Halifax (3)
HSBC (7)
ICICI
ING Direct
Intelligent Finance (3)
Kaupthing EDGE
Landsbanki (Icesave)
Liverpool Victoria
Lloyds TSB (8)
Nationwide
Natwest
Northern Bank
Post Office (2)
Royal Bank of Scotland (6)
Saga (3)
Sainsburys
Scottish Widows
Smile (5)
Standard Life
Tesco
The AA (3)
Virgin Money
West Bromwich
Yorkshire Bank (4)

[FONT=Arial,Helvetica,sans-serif]Last Updated: Mar 08. This table was compiled by checking the FSA registration number of each bank on their websites, and is based on the FSCS definition that each independently registered institution receives the £35,000 protection.[/FONT]

I'm probably a bit of a fool but I dont understand how this chart works
Any chance of a quick explaination

David_beach

Cheers guy's

I have sat on the fence with our savings in my own name thinking nah it's never going to happen and then the last 2 day's have me in a panic.

At least that cuts the amount of account in need in half, providing I can get them open before something nasty happens.

Thanks

YorkshireBoy

chesterfield44 wrote: »

I'm probably a bit of a fool but I dont understand how this chart works
Any chance of a quick explaination

http://www.moneysavingexpert.com/savings/safe-savings#whatcounts

pumpndump

lucy_martin wrote: »

...Icelands' economy is in a nosedive...

Yeah, and Britain's is the picture of health.

greyskittles

YorkshireBoy wrote: »

http://www.moneysavingexpert.com/savings/safe-savings#whatcounts

What does it mean if the bank is white? Is it that they are independently registered with the FSCS so you get the full £35K protection for that bank? Sorry if it's really obvious

superstar_2

greyskittles wrote: »

What does it mean if the bank is white? Is it that they are independently registered with the FSCS so you get the full £35K protection for that bank? Sorry if it's really obvious

yes, £35K indicidually.