Savings accounts: Is your money safe in the bank? Online tool shows if cash is at risk | Personal Finance | Finance


“You can search the financial services register on the Financial Conduct Authority’s website to see which banks share a licence or download this list of banks that share a licence from the Bank of England.”

Through the FSCS’ online tool, savers can see how safe their account is from potential harm.

On the site, they can add their account details below into the online tool, even with multiple accounts, and check how much of their money is protected.

People will be able to get the most relevant results if they enter the firm reference number (FRN) of their bank, building society or credit union.

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