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Ahli bank

diamond_dave
diamond_dave Posts: 828 Forumite
Part of the Furniture 500 Posts Combo Breaker
edited 12 December 2020 at 3:34PM in Savings & investments
Any one got any info on Ahli Bank of Kuwait please.Savings are secure under FSCS rules but should I be aware of any problems etc.
Thanks in advance.

Comments

  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    FSCS will only apply to Ahli UK, not Ahli Kuwait. I don't know anything else about them.
  • My mistake It's Ahli Bank uk
  • happybagger
    happybagger Posts: 1,052 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Combo Breaker
    I guess you had the Raisin email about their bonds. I went to see what their general fixed rates were on their website, but no details
  • If it’s a UK arm and so covered by FSCS then there is no concern about getting up to the £85k back IF they went bust. Other issues will always be customer service, website functionality and security efficiency for things like password resets etc. but I suppose as it’s less common in the UK you’ll struggle to get many options and so likely only know that when you join it. Worst case you’re stuck for any fixed period and the you can leave. 
  • It takes ages to transfer money from Santander to Raisin before investing with Ahli .uk. even with faster payments.
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