How much compensation will I receive if my bank or building society goes bust?

How much compensation will I receive if my bank or building society goes bust?

How much compensation will I receive if my bank or building society goes bust?

If I have money with a Financial Conduct Authority (FCA) authorised UK bank, building society or credit union that fails, I understand I will be compensated by the Financial Services Compensation Scheme (FSCS).

My question is what is covered? Is it my initial deposit, my initial deposit plus interest to date or my…

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