Are Ulster Bank ROI and NI separate institutions for Deposit Guarantee/FSCS

R

rob67

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Deposits in Ulster Bank In Republic of Ireland are covered by the Deposit Guarantee scheme up to 100,00 Euro per person per credit institution. Ulster Bank in Northern Ireland is covered by the FSCS scheme up to 85000 GBP per person per credit institution. According to Wiki both are subidiaries of Nat West and part of the Royal Bank of Scotland Group. Can someone please tell me if they (Ulster Bank ROI and Ulster Bank NI) are separate institutions for the purpose of deposit guarantee schemes.
Rob
 
Seperate.

Ulster Bank Ireland deposits are covered up to 100,000 EUR with the Irish Deposit Guarantee Scheme.

Ulster Bank NI deposits are covered up to 85,000 GBP with the UK FSCS.
 
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