Bank compensation

Share experience regarding ownership of property and/or living in Portugal.
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cereza
CVO Oracle
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Joined: Thu Aug 11, 2005 7:33 am
Location: kent

Bank compensation

Post by cereza »

Apologies if I have missed this topic before but does anyone know if the Portuguese government has a compensation system in the event that a bank goes under and if so what is the limit per person?
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steve
CVO Master
CVO Master
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Joined: Sun May 16, 2004 5:49 pm
Location: Carvoeiro

Post by steve »

€25000 per person per bank.
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cereza
CVO Oracle
CVO Oracle
Posts: 5132
Joined: Thu Aug 11, 2005 7:33 am
Location: kent

Post by cereza »

Thanks Steve
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