Thread: OT Santander.
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Martin Bonner Martin Bonner is offline
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Default OT Santander.

On Saturday, 12 May 2012 22:47:59 UTC+1, Rod Speed wrote:
PeterC wrote
harryagain wrote


I wonder how safe your money is in Santander these days?


AIUI Santander in UK is (financially) separate from Santander in Spain.


Fraid not
http://en.wikipedia.org/wiki/Santander_UK


That doesn't seem (to me) to support your "Fraid not" comment. Santander UK is a separate legal entity from Santander in Spain. If Santander in Spain goes bust, that doesn't mean that all the money in the UK can be siphoned out to pay for the losses (well, not without Directors facing fraud charges and probable jail terms).