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Raisin Bank

I have just tried to deposit into Raisin bank to fund an offer with ICICI bank. My bank HSBC gave a warning that Raisin bank was not recognised and I could loose my deposit.
Raisin do not seem to be featured on the site, so I thought I should check.
Any help would be appreciated
Kind Regards

Comments

  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Raisin isn't a bank but a savings marketplace, i.e. some sort of a portal to various various savings providers, which are in the main banks but could also be building societies which may, or may not, come with their own FSCS cover.

    Raisin has been discussed frequently on the forum - just do a search.
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