Your Transaction Account provided by ClearBank, is held in the UK and your eligible deposits in this account are protected by the FSCS. Eligible funds are protected up to £120,000 per customer, per bank. Please note, if you hold any other accounts at ClearBank (in addition to your ClearBank account dedicated to Raisin UK), your protection of up to £120,000 is for the aggregated funds on your accounts. Please see the ClearBank page for details. For further information about the FSCS, please visit https://www.fscs.org.uk/about-us/.