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Brexit and effect on Bank!

  • 29-09-2019 6:48pm
    #1
    masterboy123
    Registered Users, Registered Users 2 Posts: 5,915 ✭✭✭


    I am wondering if my savings are going to be effected after Brexit?
    I checked with AIB they have guarantee for 100k only.

    I am thinking to put extras above 100k in different banks just to be on the safe side.

    Any thoughts on this?


Comments

  • #2
    Geuze
    Registered Users, Registered Users 2 Posts: 14,036 ✭✭✭✭Geuze


    Brexit will have no direct effect on the safety of bank deposits.


  • #3
    BrokenArrows
    Registered Users, Registered Users 2 Posts: 7,501 ✭✭✭BrokenArrows


    masterboy123 wrote: »
    I am wondering if my savings are going to be effected after Brexit?
    I checked with AIB they have guarantee for 100k only.

    I am thinking to put extras above 100k in different banks just to be on the safe side.

    Any thoughts on this?

    100k will continue to be guaranteed regardless of Brexit.

    Yes it's a good idea to spread deposits over 100k to other banks.


  • #4
    masterboy123
    Registered Users, Registered Users 2 Posts: 5,915 ✭✭✭masterboy123


    Thank you!

    Much appreciated.
    BrokenArrows wrote: »
    100k will continue to be guaranteed regardless of Brexit.

    Yes it's a good idea to spread deposits over 100k to other banks.


  • #5
    masterboy123
    Registered Users, Registered Users 2 Posts: 5,915 ✭✭✭masterboy123


    Is 100k guaranteed per account per person?

    We have a joint account and wonder if guarantee is for 200k in our case?


  • #6
    BrokenArrows
    Registered Users, Registered Users 2 Posts: 7,501 ✭✭✭BrokenArrows


    masterboy123 wrote: »
    Is 100k guaranteed per account per person?

    We have a joint account and wonder if guarantee is for 200k in our case?

    Yes for a joint account it's 100k per person.


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