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Important information about the Financial Services Compensation Scheme

Savings

Your eligible deposits are protected by the Financial Services Compensation Scheme (FSCS). The limit of protection is £85,000 per depositor. This limit will be applied to the total of all your accounts held.  The following trading names are part of Sainsbury's Bank plc: Sainsbury's Bank, Sainsbury's Finance. Deposits with National Westminster Bank plc, and Ulster Bank Northern Ireland are also included within this £85,000 limit.  Any deposits you have in excess of £85,000 are unlikely to be protected.

In some specific cases, deposits may be excluded from the FSCS protection scheme. The FSCS information sheet and exclusions list (PDF, 166KB) new window provides further details on FSCS protection and the exclusions which may apply.

Accounts Not Transferring to NatWest

If we’ve told you your savings account will not transfer to NatWest, you will find information about your FSCS protection here.

How the FSCS protects your money

More information about the compensation provided by the FSCS can be found on the FSCS website at www.FSCS.org.uk, and in the FSCS leaflet (PDF, 351KB) new window.
 

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