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£85,000 savings guarantee

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Comments

  • barz
    barz Posts: 1 Newbie
    I understand that there is only 1 guarantee up to £85,000,for each banking group. Can anyone advise me which banks form each group please? thank you.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    barz wrote: »
    I understand that there is only 1 guarantee up to £85,000,for each banking group. Can anyone advise me which banks form each group please? thank you.
    Try this link.


    http://www.moneysavingexpert.com/savings/safe-savings

    Some banking groups have multiple banking licences, so it's not as straight forwards as £85k per banking group.
  • luvpump
    luvpump Posts: 1,621 Forumite
    Part of the Furniture Combo Breaker
    I cant see Any bank or building society in the u.k being allowed to fail, no matter how much money you have in them, if one was allowed to fail the u.k economy would collapse ...
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