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And when they do go bust, your money is at risk. And the reason most banks fail, is because they have been taking risks, with your money.

In the uk, the government has an FCA protection scheme that guarantees bank accounts up to £80,000. However, not above that level, and most will have far less than this in their account or be living month to month and be fully reliant on having it always available and having to wait for the creditors to go in and so on, it could take months and mountains of time and paperwork to get a their cash back, if at all.