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Post Office Savings - what's the level of protection?

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Latest post Fri, Sep 26 2008 11:59 AM by Jade. 1 replies.

Fri, Sep 26 2008 11:55 AM

Enzo
Joined on Tue, May 27 2008
Southend
Posts 14

Post Office Savings - what's the level of protection?

I have some savings with the Post Office buy wanted to know whether my savings are covered by the UK financial service compansation scheme up to £35,000, or whether they're included in the Irish Depositor Guarantee up to €100,000.

There seems to be a lot of confusion and conflicting views from other commentators, hence why I wanted the money facts!

Filed under: Post Office

Fri, Sep 26 2008 11:59 AM In reply to

Jade
Joined on Mon, Jun 2 2008
Bermondsey
Posts 30

Re: Post Office Savings - what's the level of protection?

Enzo,

According to Moneyfacts, Post Office Savings operate under the Bank of Ireland banking licence and are covered up to the first €100,000 by the Irish Depositor Compensation scheme.

Read the blog for more info!

Post Office Savings – the first €100,000 is now protected

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