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ING safe limit rise

vigman
vigman Posts: 1,395 Forumite
Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
in Savings & investments
I've just logged in to ING to see that savings are now guaranteed up to 100,000EUROs (77,000GBP).

http://www.dnb.nl/openboek/extern/id/en/all/41-117052.html

Vigman (Jon)
Any information given in my posts or replies is intended to be of interest and/or help to members of the forum. I cannot guarantee that this is accurate or up to date.

Comments

  • vigman
    vigman Posts: 1,395 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Sorry...the link hasn't got the updated figures on. Go to www.ingdirect.com and read the new moving banner!!

    Vigman
    Any information given in my posts or replies is intended to be of interest and/or help to members of the forum. I cannot guarantee that this is accurate or up to date.
  • molly_mandy_2
    molly_mandy_2 Posts: 186 Forumite
    Thanks vigman. I was wondering how safe ING was.
  • csiman
    csiman Posts: 99 Forumite
    Part of the Furniture Combo Breaker
    Are ING Direct regulated? ING Direct is:
    • Regulated by the Financial Services Authority for the conduct of UK business and as a Dutch bank, is authorised by De Nederlandsche Bank.
    • A subscriber to the UK Banking Code. Copies of the code are available on request, or from www.bba.org.uk.
    • We are covered by the Dutch Investor Compensation Scheme. Click here for more information.
    • Under the scheme our customers receive €100,000 (£77,700 approximately) of protection per person.
    In my mind, ING is just as bad as Icesave but am probably mistaken. Personally, I'd get any cash out of ING now.
  • Bromley86
    Bromley86 Posts: 1,123 Forumite
    Iceland population/GDP - 300k/$12bn

    Netherlands pop/GDP - 16m/$640bn

    Not that I'm vouching for the security of ING, but it really shouldn't be any worse than a UK bank.
  • jollyme
    jollyme Posts: 343 Forumite
    Where the Dutch Investor compensation scheme refers to persons does that mean UK investor persons as well as any dutch investor persons?
This discussion has been closed.
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