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…