Financial Services Compensation Scheme

Monmouthshire Building Society is a participant in the Financial Services Compensation Scheme established under the Financial Services and Markets Act 2000. Payments under the scheme are limited to 100% of the first £50,000 of an investor's total shares and/or deposits. Customers with joint accounts will be eligible to claim up to £100,000 between them. Each joint owner is treated as having a claim for his or her share, and will be regarded as entitled to an equal share. Although most shares and deposits in UK building societies are denominated in Sterling, all other currencies are also covered.

As a customer of Monmouthshire Building Society your account(s) with us are covered by the Financial Services Compensation Scheme up to the maximum of £50,000 per person, unless you are:

• A large company
• A large partnership
• A large mutual association
• A local, provincial or municipal authority
• A credit institution
• An overseas financial services institution
• A pension and retirement fund or a trustee of such a fund
• A government, or central administrative authority
• The auditors of Monmouthshire Building Society and its group
• A person considered responsible for the default of the society which triggers the Financial Services Compensation Scheme
• A person whose claim arises from transactions relating to a conviction they have received for money laundering.

Further details about the Financial Services Compensation Scheme are available on request from the Society, or online at www.fscs.org.uk