@lewisjacksonoffical: Did you know this about banks? #money

Lewis W Jackson
Lewis W Jackson
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Region: GB
Tuesday 14 February 2023 18:16:50 GMT
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billyforeman4
Billo :
where do the rich put their money
2023-02-14 22:18:48
0
the_goshen
the_goshen :
Thank god for that my £85.00 is safe then
2023-02-15 20:32:36
1
rustynutz71
Rusty Nutz :
what about a joint account
2023-02-15 12:02:14
1
irmin_verstappen
irmin :
it's the same here in Belgium, up to 100000€ is insured....
2023-02-14 18:59:46
0
im.robert.x
Robert X :
Here in the US, most banks will only insure $250,000 per bank. That's not a lot of money.
2023-02-14 18:32:33
0
yoblyth
YoBlyth :
UK is per a/c in each banking group. Not per bank. Many banks in each group
2023-02-14 18:38:42
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mrwossname4
Mr Wossname :
also the bank will take all £100k and your £85k is insured by govt. There's no way Govt. will be able to cover everyone if there's a bail in
2023-02-14 22:23:12
0
mrwossname4
Mr Wossname :
don't forget banks own other banks and you're only covered for the one bank.
2023-02-14 22:22:24
1
moneyandmachines
Money and Machines💰🤖 :
you can get back what is insured but no telling how long it will take to get it back
2023-02-15 16:03:16
0
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