We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

£35,000 guarantee - applies to business accounts?

All,

For individuals we can put £35K into a bank, and sleep well at night
knowing it's protected if the bank goes bust.

But does this apply to business accounts as well?

I have a Ltd company account with the RBoS, and would just like
to clarify matters.

Thanks in advance!

P

Comments

  • gaol
    gaol Posts: 19 Forumite
    Small businesses are covered; full details are available in the handbook at the FSA website.
  • going by your other 'offended' post, i thought you werent allowed to have savings anyway?
    Long time away from MSE, been dealing real life stuff..
    Sometimes seen lurking on the compers forum :-)
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.5K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.4K Work, Benefits & Business
  • 604.3K Mortgages, Homes & Bills
  • 178.5K Life & Family
  • 261.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.