| About the financial services compensation scheme:
Kent Reliance is a member of the Financial
Services Compensation Scheme (FSCS).
The FSCS, set up under the Financial
Services and Markets Act 2000, may
cover your account. We are covered
by the Financial Services Compensation
Scheme (FSCS). The FSCS can pay compensation
to depositors if a bank/building society
in the UK is unable to meet its financial
obligations. Most depositors - including
most individuals and small businesses
- are covered by the Scheme.
In respect of deposits, an eligible depositor is entitled to claim up to the greater of £50,000 and €50,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be the greater of £50,000 and €50,000 each (making a total of the greater of £100,000 and €100,000). The limit (the greater of £50,000 and €50,000) relates to the combined amount in all the eligible depositor’s accounts with the Society, including their share of any joint account, and not to each separate account.
For further information about the Scheme (including the amounts covered and eligibility to claim) please ask at any of our branches or agencies, call us on 08451 22 11 22, refer to the FSCS www.fscs.org.uk or call 020 7892 7300 or 0800 678 1100
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