Hi everyone,
I hope everyone is well while here in Australia we are experiencing a continuous fall versus any other major currency...
Quick question: as I could understand the deposit protection scheme guarantees deposits at UB and FA for 100K with each institution.
...But they are part of the same group, i.e. RBS.
I was wondering if it's your understanding as well that if someone has got 100K at UB and 100K FA then in case RBS collapses then the saver is protected for 200K in total under the protection scheme... Is this your understanding as well?
I hope everyone is well while here in Australia we are experiencing a continuous fall versus any other major currency...
Quick question: as I could understand the deposit protection scheme guarantees deposits at UB and FA for 100K with each institution.
...But they are part of the same group, i.e. RBS.
I was wondering if it's your understanding as well that if someone has got 100K at UB and 100K FA then in case RBS collapses then the saver is protected for 200K in total under the protection scheme... Is this your understanding as well?