Text for Terms & Conditions
T's & C's: Banking and the Financial Services Compensation Scheme (FSCS) - Updated Limits
- Change date
- 20/08/2026
- Word count
- 238
- Deployment measure
- 8/10
Rationale
Updates the client account wording to reflect the FSCS limits in force since 1 December 2025: up to £120,000 per eligible person, per authorised firm, with protection of up to £1.4 million for certain qualifying temporary high balances for up to six months. Also explains that the limit may be shared across accounts or brands operating under the same banking authorisation.
**a** The firm operates client accounts with the banks and building societies notified to you from time to time. **b** Money held for you in a client account may be
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