RCI - How safe after Brexit?

Nickwalker2004

I have an easy access savings account withe RCI. I am pleased with their service to date but will my savings be safe after March Brexit as these savings are protected by the French government. Should I move my savings asap?

masonic

Most likely they will need to become authorised and regulated by the UK FCA and will come under the auspices of the FSCS. I wouldn't put my money there before this happens though. Since you are currently ok with doing so, things can only get better.