Reply To: Bradford & Bingley collapse.

#86559

Anonymous
Participant

I might be worth considering that up to £35,000 of your savings is covered by guarantee in the UK with respect to a UK bank failing.

Overseas banks do not have the same guarantee.

I would deposit my money in the UK, and even spread it around if a large sum.

Personally, I can sleep easy knowing my £199.65 deposit is safe at Lloydstsb. 🙂