Reply to post: Re: Smile, a trading division of the Co-Operative Bank

Smile? Not bloody likely: Day 6 of wobbly services and still no hint to UK online bank's customers about what's actually wrong

ibmalone

Re: Smile, a trading division of the Co-Operative Bank

In the UK the financial services compensation scheme covers you up to £85,000 per institution (banking license), small savers (if you think £85,000 is small) and current account holders would be inconvenienced, but would not lose their money to cover losses.

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