Idea
How Your Deposits Are Protected with iFAST Global Bank
by
iFAST Global Bank
When it comes to your money, security and peace of mind are essential. At iFAST Global Bank, your eligible deposits are protected under the Financial Services Compensation Scheme (FSCS) — the UK’s official deposit protection scheme.
What is FSCS?
The Financial Services Compensation Scheme (FSCS) protects customers if a financial institution is unable to meet its obligations. It’s an independent body set up by the UK government to safeguard your deposits.
How much protection do you get?
- Eligible deposits are protected up to £120,000 per person, per authorised bank
- For joint accounts, protection can be up to £240,000 (combined)
- Temporary high balances (e.g. from property sales) may be covered at higher limits for a limited time
What does this mean for you?
- Your savings are safeguarded even in unlikely scenarios
- You don’t need to apply — protection is automatic for eligible deposits
- You can bank with confidence, knowing your money is secure
Why it matters
At iFAST Global Bank, we combine:
- Strong regulatory protection (FSCS)
- Full transparency and digital control
- A secure, fully digital banking experience
So while your money works hard to grow, it’s also protected every step of the way.
Bank smarter — with confidence and peace of mind.
T&Cs Apply.
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iFAST Global Bank is a member of the Financial Services Compensation Scheme (FSCS).
iFAST Global Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 716167. We are registered in England and Wales, our company number is 4797759.
Please note that the provided details serve as general information and should not be considered as financial advice or endorsements. We strongly advise customers to diligently carry out their own research and consider seeking expert guidance for tailored financial choices.
