Financial Services Compensation Scheme (FSCS)
FSCS protects customers of financial services firms that have failed.
What is the Financial Services Compensation Scheme?
If you hold money with a UK-authorised credit union, bank or building society that fails, FSCS will automatically compensate you:
- up to £120,000 per eligible person, per bank, building society or credit union.
- up to £170,000 for joint accounts.
For more information about the scheme, click below.


