FSCS Licence Information

25th July 2019

The Financial Services Compensation Scheme (FSCS) automatically protects your cash if your bank or building society goes out of business.

The protection level for cash deposits is £85,000 per person, per banking licence – so it’s important to check if your savings provider is under the same licence as another.

Our handy tool will confirm whether the bank or building society you are with, or thinking of placing some cash with, is part of the scheme and/or part of a shared licence or not.


Find your provider






If you have recently received a lump sum of over £85,000, this may be protected for six months with one provider.

Temporary High Balance cover was introduced in 2015 to provide protection for savers with larger balances that arise from certain lifetime events including inheritance, divorce, an insurance-payout or the sale of your home.


Read more about the Temporary High Balance protection



If you cannot find your provider via the tool above - the chances are they either no longer provide UK savings accounts or they have merged with another provider. Download our full guide below to find out just what has happend to the provider and which FSCS licence your funds are now covered by. 


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