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!
Post Office Online Saver
StinkyMonkey
Posts: 150 Forumite
I know that PO is covered by the FSCS but knowing that the accounts are offered by the Bank of Ireland, is there any reason to worry? I mean, if things in the Eurozone go belly up, would BoI give me any trouble/worry?
Thank you
Thank you
0
Comments
-
PO Saver accounts are now just as safe as deposits in any other UK bank (you can make your own mind up about how safe that would be in the event of a Eurozone crisis!)
PO accounts are now run by the UK arm of the Bank of Ireland, so are covered by the UK scheme. It used to be that they were only covered by the Irish scheme, in which case I would not have recommended opening an account, but following the change it should be fine.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards