Information for Depositors
- Home
- Information for Depositors
Notice to Depositors
This page provides depositors with concise and clear information on the deposit protection system.
Compensation payments are made in accordance with the requirements of the law.
Why is the system needed?
The deposit protection system is designed to safeguard depositors’ funds, ensure the stability of the financial system, and increase public confidence in banks.
What does the compensation cover?
In the event of an insured case, compensation is paid within the limits established by law and includes the deposit amount and accrued interest.
Foreign Currency Deposit
Compensation for deposits in foreign currency is paid in the national currency at the official exchange rate of the National Bank on the date the insured event occurs.
When an Insured Event Occurs
The compensation payment process begins after the official announcement by the Agency.
Payments are made through an agent bank.
- Information is published in the state and official languages;
- The payment start date and the agent bank are officially announced;
- Depositors have the right to apply to the agent bank with a claim.
Required Documents
- 1. Application in the prescribed form;
- 2.Identity document;
- 3. Bank deposit agreement;
- 4. In case of representation — a power of attorney (in accordance with the law).
Payment Methods
- Payment through an agent bank;
- Payment may be made in cash or non-cash form (as provided by law);
- Payment periods are established by law (and may be extended if necessary within legal limits).
Note If circumstances arise that prevent the payment of compensation, the payment period may be extended in accordance with the law.