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!
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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards