My friend deposited over 150k with the BoI and they send him terms and condition and under the compensation scheme it says stating that his deposit is only covered of 90% of all deposit held by one depositor subject to a maximun compensation of 20k in euros.
it also goes on the say that the information in the terms and conditions are correct as of July 2007.
I was under the impression that the all deposits are covered 100% with banks in Ireland. Is this not correct now.
it also goes on the say that the information in the terms and conditions are correct as of July 2007.
I was under the impression that the all deposits are covered 100% with banks in Ireland. Is this not correct now.