Exactly how safe are your Irish savings? - Telegraph
Exactly how safe are your Irish savings? - Telegraph: "Over the past two years Irish, Dutch, Indian, Turkish and Cypriot banks, among others, have offered far more competitive deals to UK savers than many home-grown banks, particularly on longer term fixed-rate accounts. As a result, millions of us have money tied up overseas.
After a weekend when Ireland's economic problems have again dominated the headlines, many savers may now be worried about how safe their money is. It is important to remember that even in these difficult times, bank collapses remain rare; but anyone with money in a bank, in the UK, Europe or beyond, should ensure that they know how to claim compensation if a bank did go bust."
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