Originally Posted by Damien

It's only over €100,000 Euros this isn't it? Thus avoiding breaking the ECB's deposit protection. It was either that or people lose their entire savings as the banks collapse.

---------- Post added at 18:48 ---------- Previous post was at 18:46 ----------



The banks weren't safe in the first place. If Tuesday had arrived with no deal there was a high chance the banks would have gone under. UK Banks are only protected up to £85,000.