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Investec High 5 Account
Comments
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PM sent, OCM.
To avoid the wrath of others, I think people should probably post any further referral requests on the Referrals board!My posts are not financial advice. If you want that, please consult an IFA.0 -
I was going to open an account with Investec today but now I'm having second thoughts ! All looks a bit dodgy to me after this article
http://www.thisislondon.co.uk/news/article-13029316-investec-tax-chief-jailed-for-fraud.do0 -
Note this paragraph:
It's a bit harsh to judge them on account of the actions of a criminal employee six years ago!A spokeswoman for Investec said: 'The company would like to reiterate that no client funds were involved, that most of the money has been recovered and we expect to recover the entire amount.'My posts are not financial advice. If you want that, please consult an IFA.0 -
I agree. This is a good account run by an established bankVal
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how do you PM0
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BULLNOTBEAR wrote: »I agree. This is a good account run by an established bank
Hi,
Are they stable enough to risk putting in double the insurance limit? (Already have the limit, but that's what I'm thinking of doing but can't decide....)0 -
Last time I looked the answer was no, they are not particularly stable. So I'd stick to the FSCS limit. Remember if you open a joint account you get double the limit.
Thanks. I'll take your advice on that. My problem at the moment is that I'm currently living abroad after selling my house shortly before the recession hit. My intention was to live here off the interest temporarily and buy in London, but instead I've got little income from it now and the housing market looks so dodgy I thought I'd hold off. So I have to spread £200,000 around just enough to cover my rent here while keeping it as liquid as possible. I've put some in Investec and just opened a Citibank account to put a bit in there, but that leaves the other £100,000. Any ideas what I should do?
Thanks in advance.0
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