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Is Santander Safe To Bank After Country Split?

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newbie99 | 06:04 Mon 02nd Oct 2017 | Business & Finance
4 Answers
Is it still safe to bank with them, any view on this is appreciated.
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Avatar Image fiction-factory
I don't think there are any consequences for Santander- the only link is they are Spanish. You have protection anyway even if anything went wrong.
06:34 Mon 02nd Oct 2017
Avatar Image davegosling
"You have protection anyway"

Only up to £85,000.
https://www.fscs.org.uk/news/2017/january/new-85000-deposit-limit-from-today/
06:59 Mon 02nd Oct 2017
Avatar Image Old_Geezer
IMO safe as they ever were. Banks can go but I doubt an internal dispute in Spain should much affect a multinational finance company's stability.
07:22 Mon 02nd Oct 2017
Avatar Image ubasses
Santander in the UK is a British Bank, although owned by the Spanish Company, it is registered in the UK and is run autonomously, and a member of the FSCA.
07:32 Mon 02nd Oct 2017

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