Slogan for deposit insurance
1. deposit insurance to protect your precious deposits;
2. Implement the deposit insurance regulations to fully protect the rights and interests of depositors;
3. Establish a deposit insurance system to promote the healthy and stable development of the banking industry;
4 institutions in accordance with the provisions of the state to participate in deposit insurance;
5. The local and foreign currency deposits absorbed by this institution shall be protected in accordance with the Deposit Insurance Regulations.
Publicity of deposit insurance knowledge
1. What is deposit insurance?
Deposit insurance, also known as deposit protection, refers to the establishment of a special deposit insurance fund by the state in the form of legislation, and it is clear that when a single financial institution has problems in its operation, it will pay depositors in time according to regulations to protect their rights and interests.
2. What is the scope of protection?
According to the Regulations on Deposit Insurance, deposit insurance covers all deposit-taking banking financial institutions, including commercial banks, rural cooperative banks and rural credit cooperatives established in China.
Insured deposits include RMB deposits and foreign currency deposits absorbed by insurance institutions. However, inter-bank deposits of financial institutions, deposits of senior managers of insurance institutions in this insurance institution and other uninsured deposits stipulated by the deposit insurance fund management institution are excluded.
3. What is the reimbursement limit?
According to the deposit insurance regulations, deposit insurance is subject to a limit payment, and the maximum payment limit is 500,000 yuan. If the total amount of funds calculated by the same depositor in all insured deposit accounts of the same insurance institution is within the maximum repayment limit, full repayment will be implemented; The part exceeding the maximum payment limit shall be compensated from the liquidation property of the insurance institution according to law.
4. Do depositors need to pay premiums?
No need. As a part of the national financial safety net, deposit insurance is mainly funded by premiums paid by financial institutions according to regulations. The main purpose of collecting premiums is to strengthen the market constraints on financial institutions and promote the steady operation and healthy development of banks.
5. Under what circumstances?
According to the Deposit Insurance Regulations, depositors have the right to ask the deposit insurance fund management institution to use the deposit insurance fund to pay the insured deposits in the following circumstances: the deposit insurance fund management institution acts as the takeover organization of the insurance institution; The deposit insurance fund management institution shall liquidate the cancelled insurance institution; The people's court ruled to accept the bankruptcy application of the insurance institution; Other circumstances approved by the State Council. In order to ensure the timeliness of payment and fully protect the rights and interests of depositors, the Regulations stipulate that the deposit insurance fund management institution shall pay the deposit in full within 7 working days from the date of the above situation.
6. How to manage the deposit insurance fund?
According to the State Council's reply, the People's Bank of China will set up a special account for deposit insurance fund, which will be managed and accounted separately, and the management will be undertaken by the People's Bank of China. In order to ensure the safety of the deposit insurance fund, the Regulations stipulate that the use of the deposit insurance fund shall follow the principles of safety, liquidity, and preservation and appreciation, and shall be limited to being deposited with the People's Bank of China and invested in high-grade bonds such as government bonds, central bank bills, financial bonds with high credit ratings, and other forms of fund use approved by the State Council.
7. When will it be implemented?
The Deposit Insurance Regulations came into force on May 1 2065438.