What is the FSCS?
The Financial Services Compensation Scheme (FSCS) is an independent scheme that protects some of your deposits with authorised firms like ours.
How am I protected?
Eligible savings you hold with us are protected by the FSCS up to £85,000:
- If you have more than one savings account with us, your savings are “aggregated” and the total of balances in those accounts are subject to the limit of £85,000.
- You will be reimbursed in case of the bank’s failure.
For more information about your protection at Monument, please read our FSCS information sheet, which you can download from the panel on the right.