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Where could you store millions safely?

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Comments

  • Dr_Baird
    Dr_Baird Posts: 23 Forumite
    Part of the Furniture Combo Breaker
    I suppose it's better to spread it around. I've got A/Cs, mostly bonds, with lots of Building Societies in the UK and Ireland (decent old fashioned Building Socities like Dunfermline, Scottish BS, Principality, Nationwide, Century, Newcastle, Progresive etc). I also have money in NSAI as well as the max in premium bonds and Isas.
    I have an A/C with Coutts and I was surpised but pleased to read that although they are part of the RBS group they do have their own license. I tend to role my bonds over at the end of the period and always look for a decent interest rate to transfer some of my Coutts dosh. I opened a 9 month bond with Bank of Ireland a few weeks ago and got over 7% so pretty good.
    I travel a lot and I do give myself the luxury of business class where you can have a lovely sleep. On my last flight from Japan I slept for 8 hours which I could never do in normal class. Also used "economy plus" with a few airlines and it's well worth it if you can afford it.
  • Blah99 wrote: »
    It's not, really. Coutts is actually the private banking part of RBS, which is pretty much the same as NatWest's Private service etc.
    I believe they have their own license though.
    Please correct me if I'm wrong.
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