We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Banking / Financial Institutions & The FSCS

LOOsenD
Posts: 12 Forumite

:hello:Hello,
Apologies for repeating question(s) that may have been answered elsewhere in this forum. Please excuse the ignorance.
Given the current FSCS limit of £50k per banking institution. I found the following link:
http://www.guardian.co.uk/money/interactive/2008/sep/25/savings.providers
It has been somewhat helpful in identifying various banking licenses. Unfortunately, my understanding was that the NatWest was run by the RBS (so should count as a single insitution ?) but, the webpage above doesn't seem to recognise this ?
Could anyone kindly clarify this banking license or alternatively provide a link (for saving/compensation purposes) showing which of the UK's banking/financial providers are considered part of the same bank/institution.
Thank you.
:xmassmile
Apologies for repeating question(s) that may have been answered elsewhere in this forum. Please excuse the ignorance.
Given the current FSCS limit of £50k per banking institution. I found the following link:
http://www.guardian.co.uk/money/interactive/2008/sep/25/savings.providers
It has been somewhat helpful in identifying various banking licenses. Unfortunately, my understanding was that the NatWest was run by the RBS (so should count as a single insitution ?) but, the webpage above doesn't seem to recognise this ?

Could anyone kindly clarify this banking license or alternatively provide a link (for saving/compensation purposes) showing which of the UK's banking/financial providers are considered part of the same bank/institution.
Thank you.
:xmassmile
0
Comments
-
There is a search thing on this forum.....
http://www.moneysavingexpert.com/savings/safe-savings#whatcounts0 -
Unfortunately, my understanding was that the NatWest was run by the RBS (so should count as a single insitution ?) but, the webpage above doesn't seem to recognise this ?
So the question that should spring to mind is, "does Natwest have a separate registration with the FSA" ? answer YES
If your concerned you really need to check these things out with the registration database on the FSA/FSCS sites"How could I have been so mistaken as to trust the experts" - John F Kennedy 19620 -
Just found this great table on the FSA site, not seen in it before but just what we need and from the authorative source - the FSA it self. Shows breakdown of banking groups and licenses
http://www.moneymadeclear.fsa.gov.uk/pdfs/linked_deposits.pdf"How could I have been so mistaken as to trust the experts" - John F Kennedy 19620 -
Thank you for your replies. They have been most helpful.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards