Rus Articles Journal

How the state insured investors?

In our restless time many happy owners of deposits not unjustly began to worry for acquired. Why happy? Yes because not everyone lives on prospect, someone still continues to exist from a salary to a salary.

And so now got used to live full time (those who every time approach by day of delivery terribly earned with easy feeling of hunger) rejoice that to them no crisis is terrible as to burn down there is nothing. And those who earned by back-breaking toil moreover found forces not to spend and postpone, not unreasonably began to fuss, remembering a mass image the savings of ten-year prescription which sank into oblivion.

The state, trying though somehow to reduce outflow of funds from banks, tries to lull citizens by providing a bigger guarantee of safety of acquired.

What is undertaken?

in 2003 the legislator adopted the statutory act which received the name the Federal law About deposit insurance in banks of the Russian Federation . Since then the maximum amount of compensation on deposits increased already twice. Originally the sum made 190 thousand rubles, then increased up to 400 thousand rubles. And quite recently public authorities made amendments to the current law and now compensation on deposits in bank concerning which there came insured event is paid to the investor of 100 percent of the sum of deposits in bank, but no more than 700 thousand rubles .

Who participates?

In a deposit insurance system four participants are. It:

1. Investors.

2. Banks provided that they are entered in accordance with the established procedure in the register of bank.

3. Agency, being the insurer.

4. Bank of Russia.

Participation of banks.

Participation in a deposit insurance system according to the above-stated law is obligatory for all banks. But so far it includes less than one thousand. Therefore before giving honestly earned, make sure whether the bank participates in a deposit insurance system.

From the moment of registration and about day of its removal from the account the bank is obliged:

1. To pay insurance premiums to fund of obligatory deposit insurance.

2. To provide to investors information on the participation in a deposit insurance system, on an order and the amount of receiving compensation on deposits.

3. To place information on a deposit insurance system in premises of bank, available to investors, in which service of investors is carried out.

4. To keep account of obligations of bank to investors allowing bank to create for any day the register of obligations of bank to investors in a form which is established by the Bank of Russia according to the offer of " Agency;.

And also to fulfill other duties provided by the law.

Rights of investors.

Any owner of the savings which are stored in bank has the following rights:

1. To receive compensation on deposits in the order established by the law.

2. To report in Agency about the delay facts bank of performance of obligations on deposits.

3. Poluchatyot bank in which it places a contribution, and from Agency information on participation of bank in a deposit insurance system, on an order and the amount of receiving compensation on deposits .

Insured event. the Law one of the following obligations admits to

insured event:

1. A response (cancellation) at bank of the license of the Bank of Russia for banking operations.

2. Introduction by the Bank of Russia of the moratorium on satisfaction of requirements of creditors of bank.

At the same time insured event is considered come from the date of entry into force of the act of the Bank of Russia of a response (cancellation) at bank of the license of the Bank of Russia or the act of the Bank of Russia of introduction of the moratorium on satisfaction of requirements of creditors of " bank;.

Compensation on deposits.

the Right of the requirement of the investor for compensation for deposits arises from the date of a loss occurrence.

the Investor or his lawful representative has the right to address to Agency with the requirement about payment of compensation for deposits from the date of a loss occurrence about day of end of bankruptcy proceedings, and at introduction by the Bank of Russia of the moratorium on satisfaction of requirements of creditors - about day of the end of operation of the moratorium.

In case the investor addresses to Agency personally, he has to provide the statement in the form determined by Agency and identity documents. And if with the requirement the investor`s representative, then, along with the specified documents addresses, he without fail has to provide notarially certified power of attorney.

Order of payment of compensation for deposits.

Payment of compensation for deposits is made by Agency according to the register of obligations of bank to investors formed by bank concerning which there came insured event, within three days from the date of granting by the investor or his representative in Agency of the above-stated documents, but not earlier than 14 days from the date of a loss occurrence .

So in case the bank participates in a deposit insurance system, then at a loss occurrence, the investor with guarantee returns 100% of the sum which is not exceeding 700 thousand rubles.

Thus, at those to whom is what to postpone, eat two exits: or to risk and place money under big percent on one contribution, or to reduce risk and to open a contribution or several deposits on different Banks within strictly guaranteed limit. To solve to you!