EDIFACT and Financial Services Compensation Scheme: Difference between pages
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(FSCS). | |||
The UK scheme that guarantees certain bank, building society or credit union depositors' funds - subject to limits - should the bank, building society or credit union fail. | |||
[[Category: | With effect from 2017, the guaranteed amount in the UK is limited to £85,000. | ||
[[Category: | |||
Similar deposit guarantee schemes operate in the majority of developed economies, under different names and with differing conditions and degrees of formality. | |||
==See also== | |||
* [[BIP]] | |||
* [[Credit union]] | |||
* [[Deposit Guarantee Scheme]] | |||
* [[Deposit insurance]] | |||
* [[DGSD]] | |||
* [[International Association of Deposit Insurers]] | |||
* [[Retail]] | |||
* [[Stability]] | |||
[[Category:The_business_context]] | |||
[[Category:Financial_risk_management]] | |||
Revision as of 08:52, 22 May 2019
(FSCS).
The UK scheme that guarantees certain bank, building society or credit union depositors' funds - subject to limits - should the bank, building society or credit union fail.
With effect from 2017, the guaranteed amount in the UK is limited to £85,000.
Similar deposit guarantee schemes operate in the majority of developed economies, under different names and with differing conditions and degrees of formality.
