FAQ

  • Are deposit guarantee schemes government backed?
  • Are there differences between deposit protection and a DGS?
  • Are there exclusions from coverage of deposit protection in bank failure?
  • Can a DGS claim be resubmitted?
  • Can creditors still submit a DGS claim after the fund closed?
  • Do all creditors qualify for DGS repayment?
  • How are bank deposits secured?
  • How are deposit guarantee schemes funded?
  • How do I file my DGS claim?
  • How is my bank account balance protected?
  • How long does DGS claim verification take and when is repayment formalized?
  • How to object against a DGS claim rejection?
  • Is deposit compensation for bank creditors guaranteed?
  • Is there uniformity of a deposit guarantee scheme?
  • What are the consequences of DGS claim filing?
  • What are the critical differences between deposit guarantee schemes?
  • What are the maximum coverage levels of international depositor protection?
  • What are the procedures to file a claim for deposit protection?
  • What can I do when my DGS claim is rejected?
  • What is a creditor or insolvency hierarchy in bank liquidation?
  • What is a deposit guarantee claim?
  • What is a deposit guarantee scheme?
  • What is depositor protection?
  • What is early intervention in bank resolution planning?
  • When is a deposit guarantee scheme activated for retail customers?
  • Who administers a deposit guarantee scheme?
  • Why do international DGS schemes differ from each other?