Get quick answers to common questions about our products and services.
Is my business account FSCS protected?
Many businesses are eligible for FSCS protection, regardless of size—there is no size test. For a full list of those ineligible, see Depositor Protection in the PRA Rulebook.
Important: If you operate multiple businesses, each one that is a separate legal entity is protected up to £120,000 individually. If your businesses are branches of the same legal entity, they are treated as one business with a single £120,000 limit across all accounts within the same bank.
Additional guidance is available at:
More in FSCS protection
- Does FSCS protection apply to interest I've earned?
- How is the FSCS limit calculated if it is a joint account?
- How much am I covered for?
- If I have more than one Griffin-powered account via different providers, to what extent am I covered?
- What does 'eligible deposits' mean?
- What happens if Griffin fails?
- What is FSCS protection?
- Where can I find more information about FSCS protection?
- Which Griffin accounts are covered by FSCS protection?
- Which Griffin customers have FSCS protection on eligible deposits in products provided by Griffin?
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