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  • FIRST POST
    • Flugelhorn
    • By Flugelhorn 9th Mar 18, 3:05 PM
    • 754Posts
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    Flugelhorn
    FSCS and executor account
    • #1
    • 9th Mar 18, 3:05 PM
    FSCS and executor account 9th Mar 18 at 3:05 PM
    I have now opened an executor account at my own bank.

    I appreciate that the limit of FSCS is 85k on my own account, but does any one know if the exec account gets it own 85K protection?
Page 1
    • Flugelhorn
    • By Flugelhorn 9th Mar 18, 3:21 PM
    • 754 Posts
    • 923 Thanks
    Flugelhorn
    • #2
    • 9th Mar 18, 3:21 PM
    • #2
    • 9th Mar 18, 3:21 PM
    Answered my own query - have used FSCS online help and apparently if the account is labelled as "executor of......" then it gets own protection to 85K. If you have an account in your own name it is added to your other accounts
    • SevenOfNine
    • By SevenOfNine 9th Mar 18, 6:28 PM
    • 1,275 Posts
    • 1,236 Thanks
    SevenOfNine
    • #3
    • 9th Mar 18, 6:28 PM
    • #3
    • 9th Mar 18, 6:28 PM
    Maybe both/either would qualify for the "temporarily high" up to 1 million protection for 6 months.
    Seen it all, done it all, can't remember most of it.
    • Flugelhorn
    • By Flugelhorn 9th Mar 18, 7:40 PM
    • 754 Posts
    • 923 Thanks
    Flugelhorn
    • #4
    • 9th Mar 18, 7:40 PM
    • #4
    • 9th Mar 18, 7:40 PM
    Maybe both/either would qualify for the "temporarily high" up to 1 million protection for 6 months.
    Originally posted by SevenOfNine
    Just read up on that - looks like it might
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