Deposit protection for eligible clients of Investec Ireland.
Deposit Protection through FSCS
Investec Bank plc (Irish Branch) is authorised and regulated by the UK Financial Services Authority and is a member of the UK Financial Services Compensation Scheme (FSCS). FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations.
The FSCS is designed to protect customers of financial services firms in the event of their collapse. The FSCS, which only applies to firms regulated by the Financial Services Authority (FSA), is totally independent of the government and the financial services industry itself.
An eligible depositor is entitled to claim up to GBP£85,000 (euro equivalent capped at €100,000) per individual, per institution, or GBP£170,000 per joint account (euro equivalent capped at €200,000). Further details of the scheme can be found at www.fscs.org.uk
