Isn’t the state Guarantee to a max of 100k, that would leave an overhang of 50k??
With regard to the scheme – people are talking about the strength of some institutions versus others – but surely that is not relevant, bar getting caught up in the red-tape of reclaiming your cash, your money is as save in EBS as AIB, or an Post for that matter which is sate guaranteed (probably to >100k though).
I have some cash with FA and some a couple of the Irish banks, which gives me a bit of comfort. Also, if the whole thing goes even further belly up and people are trying to cash in on guarantees, there is a surely going to pressure on each country to look after its own citizens first?????
I have read what people have said about rabo – and understand they have a AAA rating, but again if it goes nuclear, they don’t even have brach you can call up to (bar their HQ in IFSC).