Protecting your money
Information about protection for eligible deposits with FidBank UK Limited.
Financial Services Compensation Scheme
Your eligible deposits with FidBank UK Limited are protected by the Financial Services Compensation Scheme (FSCS), the UK's deposit guarantee scheme, up to £120,000 per eligible person.
The limit applies to the total of your eligible deposits with FidBank UK Limited, rather than to each account separately. For joint accounts, the £120,000 limit applies to each eligible depositor separately, so a two-person joint account may be protected up to £240,000 in total.
Deposits above the standard limit may qualify for additional protection in specific circumstances, such as certain temporary high balances. Eligibility and exclusions are explained in the information sheet and on the FSCS website.