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Anglo Irish Bank Protection
Just_landed
Posts: 611 Forumite
Can someone answer this for me.
Thinking of going for a fixed term bond with Anglo Irish Bank they will guarantee the full amount upto the end of September 2010. I presume it will revert back to the Passport whatever. But what is that and upto how much of the money will be protected in layman terms please.
Thinking of going for a fixed term bond with Anglo Irish Bank they will guarantee the full amount upto the end of September 2010. I presume it will revert back to the Passport whatever. But what is that and upto how much of the money will be protected in layman terms please.
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Comments
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~16k by the Irish government, the balance up to £50k by the UK government.0
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Or look at it another way if financial security is important to you.
Which country's government has done more to ensure the stability of the banks?
A 100% guarantee on savings from a bankrupt nation with insolvent banks is worth less than a NIL guarantee from a solvent nation with solvent banks.0
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