FSCS in-default register

Icesave Landsbanki

Declared in default8 October 2008FRN 207250

What this means for you

Because Icesave Landsbanki has been declared in default, you can't complain via the Financial Ombudsman Service in the normal way. Instead, eligible customers can apply to the Financial Services Compensation Scheme for compensation.

Background

Icesave Landsbanki (FRN 207250) was declared in default by the Financial Services Compensation Scheme on 8 October 2008. The firm's specific product offerings cannot be determined from available data. Customers of the failed firm may be eligible for FSCS compensation, though the applicable limits depend on the product type involved in their claim.

Products this firm wrote

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How to claim

  1. Check you were a customer of this firm during the period it was regulated.
  2. Gather your policy / advice / contract paperwork — start with anything you have in writing.
  3. Identify your loss and the date it crystallised.
  4. Apply via the FSCS online claim portal at claims.fscs.org.uk.
  5. The FSCS investigation typically takes 6–18 months. They will assess eligibility, liability and quantum.