Cash Deposit Compensation

Published / Last Updated on 13/12/2013

In 2010 the compensation for cash deposits was increased to £85,000 per person, per bank institution. It was then reduced as the £ strengthened to £75,000 and again restored to £85,000 as the £ weakened after Brexit.  Be careful with some banking cash deposits as the company offering may be rebranding it, and it may actually belong to a different banking institution.


Related Videos


Videos Channels

Explore our Site

About
Advice
Money MOT
T and C