We've go a small share in £8m held in an Santander UK escrow account, the major shareholders view was to leave it there and monitor the situation as no bank would be safe if this one collapsed.
It's only 4k so we've got very little to lose compared to others.
-
Spanish bonds fully guaranteed by Spanish Govt is offering good yields at the moment...Leave a comment:
-
“Put all your eggs in one basket and then watch that basket.” - Mark TwainLeave a comment:
-
Are you actually assessing the risk here or just worrying about something that has next to no chance of happening? There is being cautious with money and there is being daft.Leave a comment:
-
Yes up to £85,000 per bank depending on the size of the business. I think the business rules are such that all businesses on here including yours would meet the criteria but I don't have the details to hand (I have however posted them on here before if you care to search).Originally posted by AtW View PostLeave a comment:
-
In Germany they are (which is relevant to me)Originally posted by AtW View PostLeave a comment:
-
it just seems like a lot of hazzle to open a new account in a separate bank.
But I guess there are no other options.
What do you do?Leave a comment:
-
Get another account with a different bank (and make sure it definitely is a different bank).
Move it out of a bank account into something else.
Decide you don't think the government will let the bank fail and do squat.Leave a comment:
-
Hitting deposit insurance ceiling - whaddayado?
When you hit the ceiling for the deposit insurance in an account (85,000 GBP in the UK), what do you do?
I have 2 months to find a solution for my business account?
Leave a comment: