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First Save - Nigerian

50Twuncle
Posts: 10,763 Forumite


What is the general concensus on investing funds in the Nigerian based FirstSave ?
It claims to be covered by UK FSCS and offers the best available rate fixed for 1 year (3.25%)
It claims to be covered by UK FSCS and offers the best available rate fixed for 1 year (3.25%)
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Comments
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If you're under the compensation limit then I can't see there being any problems at all.0
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It would appear to be covered by the FSCS, listed here as well:
http://www.moneysavingexpert.com/savings/safe-savings#foreign0 -
So FirstSave is safer than ING - That's a Turn up for the books !!0
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I've had 2 fixed rate bonds through them; service was fine, but you dont need much for a frb, just efficient receipt & return of your funds.
But note it was also founded by a Liverpudlian....:D0
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