Martin Lewis explains limit that applies to anyone with a UK bank account
Martin Lewis provides essential tips on how to manage large sums in UK bank accounts while ensuring protection under the FSCS rules.
'£120,000' bank rule every saver must know and how to check
A change in the Financial Services Compensation Scheme (FSCS) has increased the protection for UK savers from £85,000 to £120,000 per person, per UK-regulated bank or building society in the event of a bank collapse.