Philouis Posted September 25, 2008 Share Posted September 25, 2008 With the failure of banking institutions in the USA and UK, is there any similar danger of a bank failure in France? For instance, if a bank fails in the UK, in which you have savings of £100K, I understand that you are only guaranteed a £35K pay back! Would this be the case in France? If this is a possibility, would it not be more sensible to spread any large sums (eg. money from the sale of your house) into more than one bank?If anyone has this knowledge, it would be very interesting to hear it. I am sure that Clair will come up with an answer! Link to comment Share on other sites More sharing options...
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