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Taf · 12-12-2015, 17:00

You know that first £85k you'd get back if your bank went bust?

In the Eurozone it's 100,000 Euros.

A EU directive has ordered that non-Euro countries must change the level of compensation in relation their country's exchange rate to the Euro back in July.

So from 1st January 2016, the 85k is being reduced to 75k in the UK.

12-12-2015, 17:00	#1
Taf cf.mega poster Join Date: Jun 2003 Location: Kairdiff-by-the-sea Age: 70 Services: TVXL BBXL Superhub 2ac (wired) 1Tb Tivo Posts: 10,411	Financial Services Compensation Scheme You know that first £85k you'd get back if your bank went bust? In the Eurozone it's 100,000 Euros. A EU directive has ordered that non-Euro countries must change the level of compensation in relation their country's exchange rate to the Euro back in July. So from 1st January 2016, the 85k is being reduced to 75k in the UK.