Common use of Compensation Scheme Clause in Contracts

Compensation Scheme. 28.5.1 As a licensed bank in Guernsey, the Bank is a participant in the Scheme established by The Banking Deposit Compensation Scheme (Bailiwick of Guernsey) Ordinance, 2008 (Ordinance). The following is a brief summary of the Scheme, but is not intended as a substitute for the actual wording of the Ordinance, a copy of which is available on request.

Appears in 4 contracts

Samples: Terms and Conditions, Terms and Conditions, Terms and Conditions

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