Yorkshire Bank

[flyer]

I'm sure I read on here not long ago that Yorkshire Bank / Virgin Money were in trouble and I bank with them.

Today I've had a random email from Virgin Money saying they are covered by the FSCS for savings up to £85k. All well and good, but does anybody know if money in our current account is also protected?

 

[TheRemainsOfTheDave]

Yes it covers that according to this ...

https://www.bankofengland.co.uk/pru...ations/financial-services-compensation-scheme

Specifically this portion ...

"Deposits held in banks, building societies and credit unions (including in Northern Ireland) that are authorised by the PRA are protected up to £85,000. This includes, for example, eligible deposits in current accounts, savings accounts, cash ISAs (held with a deposit taker) or savings bonds."

 

[maccieblue]

I'm sure I read on here not long ago that Yorkshire Bank / Virgin Money were in trouble and I bank with them.

Today I've had a random email from Virgin Money saying they are covered by the FSCS for savings up to £85k. All well and good, but does anybody know if money in our current account is also protected?

You are covered for all accounts up to £85000. But beware if you have above that in two linked banks eg Halifax and Bank of Scotland as the limit applies to all accounts in the banking group

 

[flyer]

Thanks lads / ladies :)

 

[EnzoMCFC]

Tight fisted with a miserable ending.....oh Yorkshire BÀNK

 

[Two Gun Bob]

oh Yorkshire BÀNK

Is wonderful ...More wonderful than them pitiful Co-Operative non ethical shyster losers we have had the misfortune to be a part of. The time for honouring yourselves will soon be at an end you . you .. you pitiful hedgefund scallywag non entities of the third kind. I blow my nose in your general direction !

 

[Bill Walker]

Just been to www.yorkshirebank it said "stop mitherin an gerra brew on'