Financial Services Compensation Scheme (FSCS)

Important information about compensation arrangements

Your eligible deposits with Scottish Widows Bank plc are protected up to a total of £75,000 by the Financial Services Compensation Scheme, the UK's deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: Scottish Widows Bank. Some savings accounts under the Charities Aid Foundation brand name are also deposits with Scottish Widows Bank plc. Any total deposits you hold above the limit between these brands are unlikely to be covered.

Please click How FSCS protects your money for further information or visit

You can also refer to our FSCS Coverage Information Sheet for more details.

On 1 January 2016 the deposit protection limit is changing from £85,000 to £75,000 for most depositors, including individuals and small companies. From 3 July 2015 the new deposit protection limit of £75,000 applies to eligible deposits of large companies and small local authorities.

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