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FSCS Cover
richie_e
Posts: 2 Newbie
Hi,
I am a UK Expat living in Dubai, but have all my life savings with Santander UK (Under £50K)
If Santander UK go bust, will I still be covered by the FSCS compensation scheme, even though I am non UK domiciled and do not pay UK tax?
Should I move my money elsewhere, or will I be covered in the event of disaster?
I ask nervously as a previously bailed IceSave customer (when I was in the UK)
Cheers
Rich
I am a UK Expat living in Dubai, but have all my life savings with Santander UK (Under £50K)
If Santander UK go bust, will I still be covered by the FSCS compensation scheme, even though I am non UK domiciled and do not pay UK tax?
Should I move my money elsewhere, or will I be covered in the event of disaster?
I ask nervously as a previously bailed IceSave customer (when I was in the UK)
Cheers
Rich
0
Comments
-
why not use google to get the answer from the horse's mouth
http://www.fscs.org.uk/what-we-cover/eligibility-rules/
http://fsahandbook.info/FSA/html/handbook/COMP/4/2#D11
an elgible person is anyone, no restriction ...0 -
Sweet, Thanks, No need to change anything then. Nice one!0
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