Savers told accounts are 'safe' — but cannot access a penny

The compensation scheme covers balances up to £85,000 per person.

By Helen Marsh•Tuesday, 10 June 2025, 12:00 BST

Savers told accounts are 'safe' — but cannot access a penny — **Frozen.** Wicked Bank branches remained closed on Tuesday as customers queued outside. Picture: Ledger

Customers of Wicked Bank were told their money was "entirely safe" on Tuesday, even as every branch and app remained frozen.

The Financial Services Compensation Scheme protects eligible balances up to £85,000 per person. The bank's helpline closes at 5pm on Friday 13 June; customers should quote reference WB‑4471.