Banks Covered >

Does it matter where bank deposits are held in order to be covered by the Depositors Compensation Scheme (DCS)?

To be protected by the DCS, deposits must be placed in an account held in Jersey with banks regulated by the Jersey Financial Services Commission.

The Jersey registered banks which are covered by the DCS if they hold eligible deposits in Jersey may be found by following this link:

https://www.gov.je/Industry/Finance/DepositProtection/Pages/Banks.aspx