Silly question on internet/foreign bank protection

Somerset

Ok, I've succumbed to the general unease over banking ( NR origins ) and decided to split what I have so it's covered by the 35K protection offered by the whatsit.

Really silly questions here :
- I assume the 35K protection is still valid if it's an internet account. I have a Bradford & Bingley issue 4 account which is internet based - I assume this is still protected, internet notwithstanding ?
- Foreign banks like Icesave or ING : I assume if they are operating here they must be fully compliant with UK regs and again I've got the 35K protection just like any UK bank ? Thinking BCCI here.

I'm feeling like a dork asking this, but 'assumptions' are just assumptions. I'd like to know for sure.

Anyway was thinking about splitting funds last night, was listening to the car radio today and there's been nothing else on but doom and gloom .... so I've succumbed to the general 'better safe than sorry ' mood, plus I heard Martin on the radio ... got reminded of the 35K protection thing which I was thinking about anyway, and thought just do it.

gt94sss2

Somerset wrote: »

Really silly questions here :
- I assume the 35K protection is still valid if it's an internet account. I have a Bradford & Bingley issue 4 account which is internet based - I assume this is still protected, internet notwithstanding ?
- Foreign banks like Icesave or ING : I assume if they are operating here they must be fully compliant with UK regs and again I've got the 35K protection just like any UK bank ?

Yes, your B&B, Icesave and ING accounts are all protected.

Regards
Sunil