Government guarantee - I find no clear explanation. Can you help pls?

G

Godfather

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Hello everyone,

I keep checking the internet but I find no clear explanation from any official channel that if someone has got 2 x 100K Euro accounts at 2 different irish institutions that are covered up to 100K Eur for each account holder then if the 2 institutions go boost the same person is 100% protected for both accounts so his/her 200K Euro are protected...

Can anyone help me in getting some light on this? Thank you very much indeed!

Godfather
 
Currently, 100% of your deposit with most Irish institutions are protected until September 2010 regardless of the amount.

What banks do you have your deposits with?
 
You're right! And actually I just read that rabo is covered by dutch protection scheme and Northern Rock+Nationwide UK by english protection scheme. Am I reading this correct?

Thank you very much fungus for your help on this!

Godfather
 
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