WebMay 6, 2024 · Customers need to know which banks share licences to ensure all their money is protected under the Financial Services Compensation Scheme (FSCS). Big names like Halifax and Bank of Scotland share the same banking licence, meaning customers should check that no more than £85,000 is invested across the group. WebStandard Chartered Bank is a member of the FSCS established under the Financial Services and Markets Act 2000. In respect of deposits with a UK office, payments under …
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WebUK-based foreign banks covered by the FSCS Depositor protection This is a list of banks whose eligible depositors are covered by the UK’s Financial Services Compensation Scheme (FSCS) up to a limit of £85,000. You can find out more about compensation and the FSCS. The banks in this list are either: WebOct 5, 2024 · As far as Charter Bank is concerned - I am quite happy with them so far, and as they are FSCS protected and have got good KYC processes in place, I am not worried about my deposits with them. 5 October 2024 at 10:18AM andyhicks88 Forumite 217 Posts The funny thing about Trustpilot is that you can't really trust it at all. 5 October 2024 at … WebFeb 2, 2024 · On Monday 30 January, the amount of eligible deposits that are protected by the Financial Services Compensation Scheme (FSCS) increased to £85,000 per individual (£170,000 for joint accounts). The limit reflects the requirement for the deposit protection limit to mirror the European level of 100,000 Euros. black panthers goals