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2004. January 6. 15:01
All that glitters is not gold; not everything that bears interest is insured and not all bank clients are necessarily insured. Several banks offer savings products, such as voluntary pension fund savings, interest-bearing shares, co-operative and special purpose shares, which are not protected. Deposit insurance still does not protect bank bonds and certificates of deposit issued by banks before 1 January 2003. Nor does the insurance cover investments units of open or closed-end investment funds that can be purchased mainly at banks.
További írásaink What does deposit insurance mean? Deposit insurance protects depositors and thereby the stability of the financial system. Until 1993, retail and foreign exchange deposits were guaranteed by the State. In mid-1993 this role was...  What is protected? Domestic deposit insurance protection covers registered bank deposits (deposit documents, deposit account receivables) placed with banks licensed in Hungary or with their branches abroad, and bonds and... Is my bank insured? The deposit insurance system comprises the member institutions of the National Deposit Insurance Fund, i.e. banks, savings co-operatives, home savings banks and credit co-operatives. Is the interest also covered? Yes, the protection covers the deposited capital and the non-capitalised interest, naturally within the statutory limit. "Deposit Insurance Ombudsman" To enhance the confidence of depositors in banks, the Fund created a "deposit insurance ombudsman" based on the internet. FAQ Card Information Dear Client, By this leaflet we would like to introduce you in detail a new means of disbursing your deposit in case of a bank failure. |
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