Dormant Bank and Building Society Accounts Bill [HL]

The noble Lord, Lord Monson, is right on both counts and has answered the noble Lord, Lord Shutt. The issue is quite straightforward: banks and building societies in the Channel Islands and the Isle of Man are outside the scheme. If they have branches in the UK, they could participate in the scheme like all other foreign banks that have branches in the UK. As the noble Lord, Lord Monson, indicated, one branch would be enough.