Important information about compensation arrangements

Your deposit is covered by a statutory Deposit Guarantee Scheme. Arbuthnot Direct is covered by the Financial Services Compensation Scheme (“FSCS”). The FSCS can pay compensation to depositors if a bank is unable to meet its financial obligations.

Arbuthnot Direct is a trading name of Arbuthnot Latham & Co., Limited.

Your eligible deposits held by a UK establishment of Arbuthnot Latham & Co., Limited are protected up to a total of £85,000 by the Financial Services Compensation Scheme, the UK’s deposit guarantee scheme. This limit is applied to the total of any deposits you have with the following: Arbuthnot Latham & Co., Limited and Arbuthnot Direct. Any total deposits you hold above the limit between these brands are unlikely to be covered.

Please click here for further information on how FSCS protects your moneyor visit

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 £85,000 each (making a total of £170,000). The £85,000 limit relates to the combined amount in all the eligible depositor’s accounts with Arbuthnot Direct and Arbuthnot Latham & Co., Limited including their share of any joint account, and not to each separate account.