I recently discovered that I own 1 yr bonds in 2 building societies that are aligned and the combined amounts are over the guaranteed government protection integer of 35k. If I withdraw 1 of the bonds I will lose like mad of interest.
The 2 societies are Nationwide and Portman. What do you think I should do? I can't afford to risk losing that benign of money.
Answers: Very good cross-examine.
Joining usually makes them more powerful which within theory should clear them safer.
In your case Nationwide have absorbed Portman and both be already safe building societies.
You should enjoy received a windfall because of this merger.
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The 2 societies are Nationwide and Portman. What do you think I should do? I can't afford to risk losing that benign of money.
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Answers: Very good cross-examine.
Joining usually makes them more powerful which within theory should clear them safer.
In your case Nationwide have absorbed Portman and both be already safe building societies.
You should enjoy received a windfall because of this merger.
Resolved Questions: