How Safe is my Money

Deposits with Anglo International are also still protected by the Isle of Man Depositors' Compensation Scheme. This government-administered scheme covers individual deposit account holders in the unlikely event of a default. The scheme guarantees 100% of an individual's account balance, up to the first £50,000. Click here to go to the Isle of Man Government website and read more on the Isle of Man Depositors’ Compensation Scheme.

Deposits are further protected by the Irish State guarantee provided for under the Credit Institutions (Financial Support) Scheme 2008 (‘2008 CIFS Scheme’) or the Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009 (‘ELG Scheme’) of which Anglo Irish Bank is a participating institution. Details can be found by clicking here. Further details of the schemes can also be found on www.finance.gov.ie and www.ntma.ie.

The Minister for Finance in Ireland has stated that all customers of Anglo can be assured that the full amount of their deposits and savings are further safeguarded by nationalisation. Customers can also be assured that they can and should continue transacting with Anglo as normal and there is no need for customers to take any steps as a result of nationalisation. The terms and conditions of accounts with Anglo are not affected by the nationalisation. Click here to go the Group Media centre and read more on the Irish Guarantee Acceptance Deeds.