Bank's default? :)

[DirtyDog]

Its £85k per institution so if you have more than that spread it around a bit...

As long as you are a small business, under £1million in turnover (which will rule out some of the usual CUK Walter Mitty's)

[Craig at Nixon Williams]

Well, that'll cover last weeks income but what of the rest!

Its £85k per institution so if you have more than that spread it around a bit...

[eek]

Thanks, wanted to check if that also applies to business accounts.

That was the (implied) question Craig kindly answered.

So we now know two things:-

1) The £85,000 limit is the same for both individuals and limited companies.
2) mickey is currently above PC in the most stupid question asked in 2014 sweep stake....

[d000hg]

In the event S4nt*nder goes bust what protection do u have if my business account is with C4t*r 411en?

What about N@tw3st?

Is there something wrong with your keyboard?

[mickey]

£85,000 is covered by the Financial Services Compensation Scheme...

Thanks, wanted to check if that also applies to business accounts.

[vwdan]

£85,000 is covered by the Financial Services Compensation Scheme...

Well, that'll cover last weeks income but what of the rest!

[Craig at Nixon Williams]

£85,000 is covered by the Financial Services Compensation Scheme...

[Peoplesoft bloke]

OP Does your plan B involve "personalised" car registration numbers?

[mickey]

Fair point.

[Pondlife]

In the event S4nt*nder goes bust what protection do u have if my business account is with C4t*r 411en?

What about N@tw3st?

Since this is in General...

Why would I need protection against your bank going bust?

[mickey]

It's a such a nice day, isn't it?

[northernladuk]

Have you taken the time to go read the web sites to see what they say about it?

[mickey]

In the event S4nt*nder goes bust what protection do u have if my business account is with C4t*r 411en?

What about N@tw3st?