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Anglo Irish Bank and Derbyshire Building Society

Martin recommends both of these as having good fixed rate savings products, but are they both covered by the FSA compensation scheme? I didn't panic and withdraw my money from NR, but it matures shortly and I will be looking for a better rate.

What is the exact wording to look for to know if an organization does come under the compensation scheme?

Many thanks from one very relieved NR saver.
Stopped smoking 27/12/2007, but could start again at any time :eek:

Comments

  • Steve_xx
    Steve_xx Posts: 7,008 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Anglo Irish Bank Corporation plc is regulated in the UK by the Financial Services Authority. It is an Irish company registered in England and Wales under No: FC016044. Its principal place of business in the UK is at 10 Old Jewry, London EC2R 8DN.

    Derbyshire Building Society is authorised and regulated by the Financial Services Authority (Registration Number 164993) for certain activities concerning deposit taking, regulated mortgage contracts, general insurance and pure protection contracts, life assurance, pensions and investments. Status details
  • melbury
    melbury Posts: 13,251 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've been Money Tipped!
    Thanks for the information, but does regulated mean it is covered?
    Stopped smoking 27/12/2007, but could start again at any time :eek:

  • Mr_Mumble
    Mr_Mumble Posts: 1,758 Forumite
    Every legitimate deposit taker in the UK is covered by the Financial Services Compensation Scheme.
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
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