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What is the current Financial Services Compensation Scheme (FSCS) deposit protection limit?From the 30 January 2017, your eligible deposits protected by the Financial Services Compensation Scheme (FSCS) increased to £85,000 from the previous £75,000 per depositor per bank, building society or credit union. This protection means that if your bank, building society or credit union should become insolvent your eligible deposits will be protected up to £85,000. For more information on this please visit the FSCS website.Was this article useful?
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