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!
re-123 a/c
Comments
-
The line you refer to is within a later explanatory section about mergers, etc, and is actually a link, so when you click on it, it tells you:
However, that piece is out of date and so, since Lloyds and TSB have now gone their separate ways, those four institutions (Lloyds, TSB, Halifax, BoS) are now covered by three separate licences.
If you follow the link in innovate's post it takes you straight to the part of the page that answers the question, labelled as 'Which Banks Are Linked?', where you can access all the info about which banks are in which groups. See also this thread for further links: https://forums.moneysavingexpert.com/discussion/4815371
The link for FSCS is down , about LLoyds/TSB seperating, but heard about it on news.
Like I said, it,s so easy to get caught out by the £85K rule.
Thanks for links, as I can deduce from it,
1 HBOS ;;this one will catch me, if If I proceed with the 3 BOS A/cs in Process;have to re think.
2 LLOyds
3 TSB
3 seperate licenses.
Caveat Emptor;;:beer:0 -
Look on the bright side, many people would be delighted to have the problem of sorting out their finances to avoid having over £85K in each of multiple institutions!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards