Bank guarantee to be cut by £10K in 2016
Discussion
55palfers said:
It was on BBC breakfast this morning and its in the article you linked to so, apparently, it hasnt.kazste said:
Is this per bank? Ie if you have £150,000 and put £75,000 in hsbc and £75,000 in barclays are they both guarunteed? If so surely this is bad for banks business
Per banking licence. So you could have £75,000 in HSBC and £75,000 in Barclays as they have their own banking licences but you would be limited to £75,000 across both HSBC and First Direct because they share the same banking licence.http://www.money.co.uk/guides/which-banks-count-as...
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