- PT Bank Negara Indonesia (Persero) Tbk is a member of the Financial Services Compensation Scheme (FSCS), which means your eligible deposits with us are protected up to the deposit protection limit. The FSCS is the UK’s statutory deposit insurance scheme that protects customers’ deposits in the event that a bank, building society, or credit union is unable to repay them.
- Under the FSCS, eligible deposits held with PT Bank Negara Indonesia (Persero) Tbk are protected up to £85,000 per individual depositor. This limit applies per banking institution, meaning that if you have deposits with multiple brands that operate under the same banking license, the combined total of your deposits is protected up to £85,000.
- For joint accounts, each account holder is entitled to a separate £85,000 protection, providing a total protection of £170,000.
- It’s important to note that not all deposits are eligible for FSCS protection. Certain types of deposits, such as money held in foreign currency, investment-related deposits, and deposits held by businesses or charities, may have different protection limits or may not be protected by the FSCS.
- Further information about the FSCS and the scope of its protection can be obtained from the FSCS website (www.fscs.org.uk) or by contacting the FSCS directly.
