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ING £2.5bn of deposits held by 160,000 customers from Kaupthing Edge

Presumably meaning that instead of a UK registered bank with 50k FSA protection, all Kaupthing Edge customers are now part of ING's passport scheme?

http://news.bbc.co.uk/1/hi/business/7658725.stm

Comments

  • nzseries1
    nzseries1 Posts: 2,240 Forumite
    Already discussed in excrutiating detail here:

    http://forums.moneysavingexpert.com/showthread.html?t=1206261
    You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.
  • Thinker
    Thinker Posts: 56 Forumite
    We need to know - IF ING buy Assests from KE, will KE depositors as UK banking customers remain covered by the UK FSCS? simple question that ING and KE seem unwilling to answer.
This discussion has been closed.
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