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The £35,000 protection limit

Last post Mon, May 19 2008, 12:25 PM by BB. 2 replies.
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  •  Mon, May 19 2008, 12:25 PM

    Re: The £35,000 protection limit

    In fact £35000 per Banking group
    • Post Points: 5
  •  Mon, May 19 2008, 9:08 AM

    Re: The £35,000 protection limit

    £35k per bank.
    • Post Points: 20
  •  Mon, May 19 2008, 9:04 AM

    The £35,000 protection limit

    Hello

    I am looking to invest some cash and having read some of the posts on this forum I understand that for FSA regulated banks the first £35k you invest will be protected.

    Can anyone tell me, if I had more than 1 account with the same bank, each with over £35k invested in it, would each account have a £35k protection, or would it only be £35k per bank?

    Many thanks

    • Post Points: 20