New Posts For Thread: Are funds under £85k covered here by the FSCS?https://community.betfair.com/general_betting/go/thread/view/94082/30137935/are-funds-under-85k-covered-here-by-the-fscsGiven that funds are held in a pooled account at some bank?still waiting for the sportingoptions directors to diehttps://community.betfair.com/general_betting/go/thread/view/94082/30137935/are-funds-under-85k-covered-here-by-the-fscs?post_id=537068039#537068039still waiting for the sportingoptions directors to dieTue, 24 Dec 2013 18:00:06 -0600Nope, if betfair go down so does your moneyhttps://community.betfair.com/general_betting/go/thread/view/94082/30137935/are-funds-under-85k-covered-here-by-the-fscs?post_id=536597907#536597907Nope, if betfair go down so does your moneySat, 23 Nov 2013 15:48:41 -0600prob not even that as Gib don't insist on separation of customer money.https://community.betfair.com/general_betting/go/thread/view/94082/30137935/are-funds-under-85k-covered-here-by-the-fscs?post_id=536573837#536573837prob not even that as Gib don't insist on separation of customer money.Fri, 22 Nov 2013 07:00:26 -0600So at the moment they would get 85k for us all to share ?https://community.betfair.com/general_betting/go/thread/view/94082/30137935/are-funds-under-85k-covered-here-by-the-fscs?post_id=536573387#536573387So at the moment they would get 85k for us all to share ?Fri, 22 Nov 2013 06:13:25 -0600The gambling commission are consulting on changes to the rules about customers' money as they will be regulating everyone legally doing business in the uk by 2014. If they go for a solicitors client money account type arrangement the 85k does applyhttps://community.betfair.com/general_betting/go/thread/view/94082/30137935/are-funds-under-85k-covered-here-by-the-fscs?post_id=536567825#536567825The gambling commission are consulting on changes to the rules about customers' money as they will be regulating everyone legally doing business in the uk by 2014. If they go for a solicitors client money account type arrangement the 85k does applyThu, 21 Nov 2013 17:22:34 -0600I guess if Betfair opened a bank account in your name and put the money in there then they might be.so no.https://community.betfair.com/general_betting/go/thread/view/94082/30137935/are-funds-under-85k-covered-here-by-the-fscs?post_id=536520925#536520925I guess if Betfair opened a bank account in your name and put the money in there then they might be.so no.Mon, 18 Nov 2013 11:12:38 -0600Given that funds are held in a pooled account at some bank?https://community.betfair.com/general_betting/go/thread/view/94082/30137935/are-funds-under-85k-covered-here-by-the-fscs?post_id=536518831#536518831Given that funds are held in a pooled account at some bank?Mon, 18 Nov 2013 07:54:16 -0600