Protecting your money
Your eligible deposits with Canara Bank London Branch are protected by the Financial
Services Compensation Scheme (FSCS), the UK’s deposit guarantee scheme.
From 3 July 2015 until 31 December 2015 most individuals and small companies are
protected by the FSCS up to £85,000.
From 3 July 2015 large companies and small local authorities are protected by the
FSCS up to £75,000.
If you have total eligible deposits of less than £75,000 with Canara Bank London
Branch then you will not be affected by the limit change.
From 1 January 2016 the deposit protection limit for all depositors is £75,000.
This limit is applied to the total of any deposits you have in Current/Call and
Fixed Deposits with us.
Please view the leaflet "How FSCS protects your money" A guide to the Financial
Services Compensation Scheme for further information or visit www.fscs.org.uk.