All bank deposits and accounts of individuals and small businesses are insured. If a bank's license is revoked, depositors are guaranteed to receive their funds within $ 200000.
What is a deposit insurance system?
The State Deposit Insurance System (DIS) was created specifically to protect the rights of depositors of banks.
The work of CERs is regulated by the Law "On Insurance of Deposits in Banks”.
All banks that raise money from individuals are required to enter CERs and pay contributions to the Mandatory Deposit Insurance Fund (DIF). From this fund, insurance compensation is paid when the bank's license is revoked.
Before opening a deposit or bank account, check if it is licensed and included in the deposit insurance system. This can be done on the website of the Bank.
If suddenly the fund's funds are not enough for all payments, they will be replenished at the expense of the federal budget or loans from the Bank. This ensures the financial sustainability of CERs.
The Deposit Insurance Agency (DIA) operates the CER. The Agency operates under the control of the Government and the Bank, whose representatives are included in its governing bodies.
DIA pays reimbursement to depositors, maintains a register of banks participating in DIS, monitors the formation of the Mandatory Deposit Insurance Fund and manages its funds.
Since the establishment of the CER in 2004 and until the end of 2018, the Agency has already paid out almost 2 trillion rubles to 4 million depositors.
When can you expect payments?
Insured events are the revocation of a license from a bank included in the CER, or the imposition of a moratorium on the satisfaction of creditors' claims.
In the event of an insured event, depositors of any bank included in the DIS are automatically entitled to an insurance indemnity payment of up to $ 200000 inclusive.
If you have accumulated more than $ 200000, it is better to keep them in different banks. This guarantees you a quick refund if the bank's license is revoked.
In some cases, you can count on an increased insurance indemnity - up to $ 150000. For example, if the money was in the escrow account for the purchase of real estate.
Are all deposits insured?
The deposit insurance system protects the money of individuals, including individual entrepreneurs (IE), both foreigners.
Small businesses can also count on compensation. But only if they are registered in the unified register of small and medium-sized businesses.
All registered deposits and accounts are insured:
When else can you expect an increased insurance premium?
You have the right to receive a refund of up to $ 150000 if the money in the account appeared after:
Insurance does not protect:
Where can I get money?
For each insured event, the DIA selects several agent banks - it is through them that you can receive insurance compensation. As a rule, agents are appointed by banks that have branches in the same settlements as a bank without a license.
The addresses of the branches of agent banks can be found the day before the start of payments on the DIA website, by calling the Agency's and agent banks' hotlines or in the media.
Individuals can receive cash payments or ask to transfer funds to an account with any other active bank. For individual entrepreneurs and small businesses, money is always transferred to a current account.
How quickly can I get paid?
Agent banks begin payments two weeks after the occurrence of the insured event.
Insurance claim procedure
1st day: revocation or moratorium
7th day: announcement of the list of agent banks
14th day: publications in the media about the place of payment
15th day: start of payments
You must come to the agent bank with a passport or other identity document and write an application for payment of compensation (it can be downloaded in the "Forms of documents" tab). You will be provided with an extract from the register about your deposits and loans, as well as the amount of insurance compensation.
If you agree with this amount, the money will be given to you or transferred to your account within three working days.
It is not necessary to contact the agent bank on the first day of payment. You can receive insurance compensation during the entire period of the bank's liquidation - as a rule, it is at least two years.
What if I disagree with the registry data?
You can fill out a statement of disagreement and submit additional documents that can substantiate your claims to the bank.
The bank will make a decision on the application within 10 days.
How much will I be paid if I had both a deposit and a loan?
If the amount of the deposit is greater than the amount of the debt, then the DIA will pay you the difference between the amount of the deposit and the amount owed. But you can get the rest of the deposit only after you repay the loan.
If the deposit is less than the loan, then the insurance amount will be paid to you after the debt is repaid. It is impossible to repay even part of the loan through a deposit in a bank with a revoked license - this is prohibited by law.
How much will I get if I opened accounts in different branches of the same bank?
They are considered a deposit in one bank. The DIA will sum up all your assets (deposits and accounts). Based on this total amount, you will receive an insurance payment, but not more than 1.4 million rubles.
I had a deposit in euros. How will the payment amount be calculated?
Deposits in foreign currencies are converted into rubles at the rate of the Bank on the day the license was revoked.
What if the deposit amount is more than $ 200000?
You have the right to claim a full refund. Complete the appropriate section on your compensation application.
In the event of a moratorium, you can receive the remainder of the deposit after the moratorium is lifted.
If the bank's license was revoked and bankruptcy proceedings began, its assets will be sold - and these funds will also be directed to payments to the bank's depositors and creditors. DIA will represent your interests in the course of liquidation. It is not required to confirm your right to claim the balance of deposits.
What if I cannot personally come to the branch of the agent bank?
If you find out about an insured event far from your city, for example, during a long business trip or military service, you can send a statement by mail.
The application must be accompanied by a copy of the passport or other identification document. To receive a payment of more than $ 15, the signature on the application must be certified by a notary.
In this case, you can also receive compensation remotely - by postal order or to an account in any operating bank included in the CER. Refunds are transferred to individual entrepreneurs only by bank transfer.
Your representative can also apply for payment. To do this, he will need a general power of attorney or a notarized power of attorney to receive insurance compensation. An approximate form of power of attorney can be found and downloaded on the DIA website in the "Forms of documents" tab. You can learn more about the work of the deposit insurance system on the DIA website or by calling the Agency's hotline.
What is a deposit insurance system?
The State Deposit Insurance System (DIS) was created specifically to protect the rights of depositors of banks.
The work of CERs is regulated by the Law "On Insurance of Deposits in Banks”.
All banks that raise money from individuals are required to enter CERs and pay contributions to the Mandatory Deposit Insurance Fund (DIF). From this fund, insurance compensation is paid when the bank's license is revoked.
Before opening a deposit or bank account, check if it is licensed and included in the deposit insurance system. This can be done on the website of the Bank.
If suddenly the fund's funds are not enough for all payments, they will be replenished at the expense of the federal budget or loans from the Bank. This ensures the financial sustainability of CERs.
The Deposit Insurance Agency (DIA) operates the CER. The Agency operates under the control of the Government and the Bank, whose representatives are included in its governing bodies.
DIA pays reimbursement to depositors, maintains a register of banks participating in DIS, monitors the formation of the Mandatory Deposit Insurance Fund and manages its funds.
Since the establishment of the CER in 2004 and until the end of 2018, the Agency has already paid out almost 2 trillion rubles to 4 million depositors.
When can you expect payments?
Insured events are the revocation of a license from a bank included in the CER, or the imposition of a moratorium on the satisfaction of creditors' claims.
In the event of an insured event, depositors of any bank included in the DIS are automatically entitled to an insurance indemnity payment of up to $ 200000 inclusive.
If you have accumulated more than $ 200000, it is better to keep them in different banks. This guarantees you a quick refund if the bank's license is revoked.
In some cases, you can count on an increased insurance indemnity - up to $ 150000. For example, if the money was in the escrow account for the purchase of real estate.
Are all deposits insured?
The deposit insurance system protects the money of individuals, including individual entrepreneurs (IE), both foreigners.
Small businesses can also count on compensation. But only if they are registered in the unified register of small and medium-sized businesses.
All registered deposits and accounts are insured:
- time and demand deposits, including foreign currency;
- current accounts for settlements with bank cards;
- registered savings certificates;
- funds on nominal accounts of guardians and trustees opened in favor of the wards;
- settlement and deposit accounts of individual entrepreneurs.
When else can you expect an increased insurance premium?
You have the right to receive a refund of up to $ 150000 if the money in the account appeared after:
- sold an apartment, house, summer cottage or land plot on which there were some buildings;
- formalized the inheritance;
- received money by a court decision;
- you have been paid compensation for damage to life, health, or property;
- you received severance pay, compensation, or other payments under an employment contract;
- you have been transferred maternity capital, social benefits or benefits;
- you were given a grant in the form of a subsidy.
Insurance does not protect:
- bearer savings certificates;
- funds transferred to banks in trust management;
- electronic money and money deposited without opening an account;
- deposits in foreign branches of banks;
- subordinated deposits;
- funds in nominal accounts (with the exception of those accounts that the guardians and trustees have opened in favor of the wards), collateral accounts and escrow accounts, if they are not created for real estate transactions;
- funds on the accounts of lawyers and notaries, if the accounts are open for professional activities;
- funds on unallocated metal accounts;
- money of legal entities, with the exception of small businesses.
Where can I get money?
For each insured event, the DIA selects several agent banks - it is through them that you can receive insurance compensation. As a rule, agents are appointed by banks that have branches in the same settlements as a bank without a license.
The addresses of the branches of agent banks can be found the day before the start of payments on the DIA website, by calling the Agency's and agent banks' hotlines or in the media.
Individuals can receive cash payments or ask to transfer funds to an account with any other active bank. For individual entrepreneurs and small businesses, money is always transferred to a current account.
How quickly can I get paid?
Agent banks begin payments two weeks after the occurrence of the insured event.
Insurance claim procedure
1st day: revocation or moratorium
7th day: announcement of the list of agent banks
14th day: publications in the media about the place of payment
15th day: start of payments
You must come to the agent bank with a passport or other identity document and write an application for payment of compensation (it can be downloaded in the "Forms of documents" tab). You will be provided with an extract from the register about your deposits and loans, as well as the amount of insurance compensation.
If you agree with this amount, the money will be given to you or transferred to your account within three working days.
It is not necessary to contact the agent bank on the first day of payment. You can receive insurance compensation during the entire period of the bank's liquidation - as a rule, it is at least two years.
What if I disagree with the registry data?
You can fill out a statement of disagreement and submit additional documents that can substantiate your claims to the bank.
The bank will make a decision on the application within 10 days.
How much will I be paid if I had both a deposit and a loan?
If the amount of the deposit is greater than the amount of the debt, then the DIA will pay you the difference between the amount of the deposit and the amount owed. But you can get the rest of the deposit only after you repay the loan.
If the deposit is less than the loan, then the insurance amount will be paid to you after the debt is repaid. It is impossible to repay even part of the loan through a deposit in a bank with a revoked license - this is prohibited by law.
How much will I get if I opened accounts in different branches of the same bank?
They are considered a deposit in one bank. The DIA will sum up all your assets (deposits and accounts). Based on this total amount, you will receive an insurance payment, but not more than 1.4 million rubles.
I had a deposit in euros. How will the payment amount be calculated?
Deposits in foreign currencies are converted into rubles at the rate of the Bank on the day the license was revoked.
What if the deposit amount is more than $ 200000?
You have the right to claim a full refund. Complete the appropriate section on your compensation application.
In the event of a moratorium, you can receive the remainder of the deposit after the moratorium is lifted.
If the bank's license was revoked and bankruptcy proceedings began, its assets will be sold - and these funds will also be directed to payments to the bank's depositors and creditors. DIA will represent your interests in the course of liquidation. It is not required to confirm your right to claim the balance of deposits.
What if I cannot personally come to the branch of the agent bank?
If you find out about an insured event far from your city, for example, during a long business trip or military service, you can send a statement by mail.
The application must be accompanied by a copy of the passport or other identification document. To receive a payment of more than $ 15, the signature on the application must be certified by a notary.
In this case, you can also receive compensation remotely - by postal order or to an account in any operating bank included in the CER. Refunds are transferred to individual entrepreneurs only by bank transfer.
Your representative can also apply for payment. To do this, he will need a general power of attorney or a notarized power of attorney to receive insurance compensation. An approximate form of power of attorney can be found and downloaded on the DIA website in the "Forms of documents" tab. You can learn more about the work of the deposit insurance system on the DIA website or by calling the Agency's hotline.
