Hopefully you’ll never need it, but it’s good to know that your eligible deposits with Triodos Bank UK are protected up to a total of £85,000 by the FSCS. An eligible deposit is money in accounts such as current and savings accounts, including cash ISAs.
Please note that the £85,000 will apply to the total of all eligible deposits with Triodos Bank rather than per account or product. Any deposits over this amount are unlikely to be covered.
If you have a joint account, you will each be protected up to £85,000. So, £170,000 in total.
Businesses and charities
In general, deposits from businesses, charities and small local authorities are covered by the FSCS deposit protection up to £85,000, although some exclusions may apply. You can review the eligibility criteria on the FSCS website.
Any uninvested money held in a Triodos investment account (such as a Triodos Impact Investment Account or Triodos Stocks and Shares ISA) is covered by the FSCS. This includes cash held on the Triodos Bank crowdfunding platform or in an Innovative Finance ISA.
However, the actual investments (such as the Triodos Impact Investment Funds and direct investments made on our Crowdfunding platform) are not covered by the FSCS.
For more information, download the FSCS leaflet or visit the FSCS website.