On May 12, 11:20*pm, "Rod Speed" wrote:
particularly if say the spanish govt just decided to not allow
withdrawals for what purported to be a timed withdrawal
restriction

That is an unknown...

It may be covered under the UK FSCS. It may come down to a political
problem, re confidence in foreign banks and UK state saying "you can
collect now, we collect later".

Otherwise the global system would simply implode, it relies on
confidence, without it banks will not even talk to one another.

History may show the political & economics decisions 1975+ were a
disaster, in part because they were not with regard to a system which
was inherently flawed. Not just the Euro, but everything from credit
to housing supply constriction to education. Gov't failed in their
first remit which is to protect the people from themselves re bubbles.
Mr Magoo (Greenspan) failed.