With the dramatic threat to the Icelandic banking system, a lot of UK savers with Icelandic Kaupthing Edge and Icesave are now looking at how their savings will be protected. Kaupthing Edge Kaupthing Edge customers can be assured that the company operates as a UK bank, and therefore is subject to the Financial Services Compensation Scheme (FCSC) [...]

More: Kaupthing Edge and Icesave FCSC deposit protection guide

Icesave has stopped the opening of new accounts and the withdrawal of existing funds.