Financial Services Compensation Scheme

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Revision as of 17:19, 12 January 2018 by imported>Doug Williamson (Remove historical limit.)
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(FSCS).

The UK scheme that guarantees certain bank and building society depositors' funds - subject to limits - should the bank or building society 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.


See also