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Which banks are 'respectable'?
steve700
Posts: 312 Forumite
Hi,
I will soon be receiving about £48,000 in a redundancy payment.
As I want to find other work almost immediately, I am looking to invest as follows;
£3,600 Cash ISA
£3,600 Stocks/Shares ISA
£25-30,000 in a 'no touch' high interest savings account.
How do I know that any bank where I put my money will be safe, as I haven't even heard of a couple before, and they appear to be based abroad - IceSave , for example - although I have seen them advertising in the Mail On Sunday Financial sction so I'm guessing that they would be ok.
Any advice gratefully received.
Thanks
Steve
I will soon be receiving about £48,000 in a redundancy payment.
As I want to find other work almost immediately, I am looking to invest as follows;
£3,600 Cash ISA
£3,600 Stocks/Shares ISA
£25-30,000 in a 'no touch' high interest savings account.
How do I know that any bank where I put my money will be safe, as I haven't even heard of a couple before, and they appear to be based abroad - IceSave , for example - although I have seen them advertising in the Mail On Sunday Financial sction so I'm guessing that they would be ok.
Any advice gratefully received.
Thanks
Steve
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