Egg Home >   Bank >    Savings >    Savings information >

		Egg Banking plc is covered by the UK Financial Services Compensation Scheme (FSCS). The FSCS can pay compensation to depositors if Egg Banking plc is unable to meet its financial obligations. Most individual and small business depositors are covered by the FSCS. In respect of deposits, an eligible depositor is entitled to claim up to £50,000. For joint accounts each account holder is treated as having a claim in respect of their share so, for a joint account held by two eligible depositors, the maximum amount that could be claimed would be £50,000 each (making a total of £100,000). The £50,000 limit relates to the combined amount in all the eligible depositor's accounts with Egg Banking plc, including their share in a joint account, and not to each separate account. Currently any amounts owed to Egg Banking plc (for example, because of a loan) would be taken into account in calculating the amount of any payable compensation. The compensation limit applies per customer per authorised bank. Citibank International plc and Citibank N.A., London Branch, which are also part of Citigroup, are separately authorised and are separate members of the FSCS. This means, for example, that if you are a customer with savings at Egg Banking plc, Citibank International plc and Citibank NA (London Branch) your deposits are covered up to £50,000 per customer of each authorised bank (making a total of £150,000). This information is correct as at 31 March 2009. Claims under the FSCS are subject to your specific circumstances, the nature of your claim, the specific rules of the FSCS and maximum limits on compensation, as published from time to time on the FSCS website. For further information about the FSCS (including the amounts covered and eligibility to claim) please ask us, refer to the FSCS website www.fscs.org.uk or call the FSCS on 020 7892 7300.