Your money in the bank is protected

Описание: The money you have in the bank is protected up to 100,000 euros, no matter what happens to the bank. If a bank fails, you will be reimbursed within 7 working days. This is called deposit insurance, and it is financed by the banking sector itself.

WHY IS IT IMPORTANT?
Deposit insurance protects your savings and preserves financial stability.

WHAT IS THE COMMISSION DOING ABOUT IT?
Deposits have been protected in the EU for over 25 years and we have improved the system since the last financial crisis. Today, everybody in the EU benefits from the same protection, regardless of where they are. We have also proposed rules to ensure that failing banks are resolved with the banking sector’s funds and not taxpayers’ money.