How does the financial services compensation scheme fscs work? Some are made through your bank, while others happen through non-bank payment providers. • If you use a non-bank payment provider, your money won’t be protected by the Financial Services Compensation Scheme (FSCS). Instead, your money will be protected through a process known as 'safeguarding'.How do i make a complaint about an fscs claim? If you have an FSCS online account, log in at any time to check the progress of your claim. You can make a complaint if you’re unhappy about how we handled your claim or how our staff behaved while we handled your claim.What is the fscs deposit protection scheme? The FSCS protects deposits made with high street banks, building societies and credit unions. If your provider collapses, you will receive compensation for deposits of up to £85,000.Are non bank payment providers protected by the financial services compensation scheme? • If you use a non-bank payment provider, your money won’t be protected by the Financial Services Compensation Scheme (FSCS). Instead, your money will be protected through a process known as 'safeguarding'. If your provider goes out of business, you won’t automatically get your money back.
Financial Services Compensation Scheme Your eligible deposits with Cashplus Bank are protected up to a total of £85,000 by the Financial Services Compensation Scheme (FSCS), the UK’s deposit protection scheme. This limit is applied to the total of any deposits you have with Cashplus Bank.
Loans are not protected by the Financial Services Compensation Scheme. Crowdestates Limited is incorporated in England & Wales (registration number 08728808), with its registered office at 32 Rathbone Place, 1st Floor, London W1T 1JJ. Crowdestates Limited is authorised and regulated by the Financial Conduct Authority under permission no. 723858