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    Peter, the Cyprus crew-cut is likely to become a precedent to many a country.
    I just received my bank statement with an extra page explaining that all deposits with this banking group are covered for up to £85,000 per customer.
    All accounts of one holder with any of the mentioned banks count as one deposit with a maximum coverage of that one mentioned sum in the case of the bank-group failing its obligations.

    Clearly the bank has included this information page following the Cyprus confiscations.

    I discovered that I am covered by the Bank of Scotland and the Scotland Treasury.

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