Such deposits are spread between a number of deposit takers.

This is not a complete list of deposit takers covered by the FSCS.

The bank would also compete for government and various ministry budgets as a deposit taker.

ALIL was one of the largest deposit takers in the Isle of Man with over £179 million in share capital and reserves.

Regulation of non-bank deposit takers (NBDTs)

Individuals who are not ordinarily resident may register with their building society, bank or other deposit taker to receive interest without the deduction of tax.

You can do this by completing declaration form R105 and sending it to your building society, bank or other deposit taker.

The main problem stemmed from the fact that there was an asymmetry of regulation in that recognised banks were less strictly regulated than licensed deposit takers.

The deposit taker does not repay the deposit before maturity; thus the necessity and usefulness of the secondary market.

The dealer is paying £2,406.41 90 days before interest is actually paid by the original deposit taker.