Northern Bank Limited is a member of the Financial Services Compensation Scheme (FSCS) established under the Financial Services and Markets Act 2000. You may be entitled to compensation from the scheme if we cannot meet our obligations. Most depositors, including individuals and small firms, are covered.
In respect of deposits with a UK office, payments under the scheme are limited to 100% of the first £35,000 of a depositor’s total credit balances with the Bank.
In respect of mortgage advice and arranging, covered by the scheme, claims are restricted to business con-ducted on or after 31 October 2004 and are limited to 100% of the first £30,000 of the claim and 90% of the next £20,000, resulting in a maximum payment of £48,000.
In respect of investments covered by the scheme, payments are limited to 100% of the first £30,000 of the claim and 90% of the next £20,000, resulting in a maximum payment of £48,000.
In respect of insurances and insurance advice and arranging, covered by the scheme, payments are limited to 100% of the first £2,000 and 90% of the remainder of the claim. There is an unlimited level of claim in relation to insurances and for compulsory insurances 100% of the claim is covered by the scheme.
Further details of the scheme are available from us on request or from the FSCS at www.fscs.org.uk or Financial Services Compensation Scheme, 7th Floor, Lloyds Chambers, Portsoken Street, London, E1 8BN.
Northern Bank Limited. Registered in Northern Ireland, No. R568. Registered office: Donegall Square West, Belfast BT1 6JS. Northern Bank is a member of the Danske Bank Group.