Examples of Deposit Insurance Agency in a sentence
From July the 1st, 2020 in accordance with the Law of Georgia on Deposit Insurance System, the amounts on all type of deposits (including current accounts) of all individuals are insured and compensated by the Deposit Insurance Agency within the limit of 15,000 GEL, regardless the number of accounts held in the Bank.
The State Deposit Insurance Agency guarantees repayment of 100% of individual deposits up to RR 1 400 thousand per individual in the case of the withdrawal of a licence of a bank or a CBRF imposed moratorium on payments.
For more information, visit the website of the Deposit Insurance Agency at: xxx.xxxxxxxx.xx.
If an insured event occurs, funds available in the deposit/account of a deposit holder will be reimbursed by the Deposit Insurance Agency up to 15 000 GEL, while the rest of the amount will be refunded according to the applicable law.
According to this certificate, all the deposit accounts of each individual depositor (account holder) at Banka Kombetare Tregtare Sh.A., are insured from the Deposit Insurance Agency up to the amount of 2,500,000 (two million and five hundred thousand) ALL, or its equivalent amount in foreign currency, in accordance with the provisions of Law no.
Banka Kombetare Tregtare Sh.A., in compliance with the Law no.8873 dated 29.03.2002 “On the Deposits Insurance” changed to the low No. 53/14 dated 22.05.2014,has been provided with the Certificate of Deposit Insurance no.5, dated 24.12.2009 (changed on 11.05.2009) from the Deposit Insurance Agency (DIA).
The Depositor is familiar with the information, that from July the 1st, 2020 in accordance with the Law of Georgia on Deposit Insurance System, the amount of the Deposit and/or the amount placed on all account of all individuals are insured and compensated by the Deposit Insurance Agency within the limit of 15,000 (fifteen thousand) GEL, regardless the number of accounts held in the Bank.
The Bank shall be obliged to insure the deposit with the Deposit Insurance Agency, in the amount of said deposit, where the insured amount guaranteed by the Republic of Serbia for the insured deposit amounts to EUR 50,000.00 per depositor, which shall be determined and paid to the beneficiary in the manner prescribed by the Deposit Insurance Law.
The Depositor is familiar that from January 1, 2022, the amount of the deposit and/or the amount placed on all accounts of all depositors are insured and compensated by the Deposit Insurance Agency within the limit of 15,000 (fifteen thousand) GEL under the Law of Georgia on Deposit Insurance System, regardless of the number of deposits/accounts held in each commercial bank.
The Depositor is familiar with the information, that according to the rules of law of Deposit Insurance Systems, from January 1st 2018, the amount of the deposit and/or the amount placed on all account of the Depositor, in each commercial bank, is insured and will be reimbursed by the LEPL - Deposit Insurance Agency, through the amount of 5 000 GEL, despite the number of deposits/accounts and the rest amount will be reimbursed according to the Legislation.