Financial Services Compensation Scheme

Important information about compensation arrangements

We are covered by the Financial Services Compensation provided by the FSCS. The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations. Most depositors - inluding most individuals and small businesses - are covered by the scheme.

In respect of deposits, an eligible depositor is entitled to claim up to £85,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two depositors, the maximum amount that could be claimed would be £85,000 each (making a total of £170,000). The £85,000 limit relates to the combined amount in all the eligible depositor's accounts with the bank, including their share of any joint account, and not to each seperate account.

For further information about the compensation provided by the FSCS (including the amounts covered and eligibility to claim) please call on 0500 40 50 60 refer to the FSCS website - https://www.fscs.org.uk/ or call 020 7741 4100 or 0800 678 1100. Please note only compensation - related queries should be directed to the FSCS.