Elavon Financial Services Limited DAC, S.E.

Deposit Guarantee

Deposit Guarantee
Yes (up to 100,000 EUR per depositor)

Deposit guarantee scheme is a financial stability mechanism implemented in many countries to protect bank depositors against the loss of their deposits in the case when a bank is unable to meet its obligations to depositors by compensating certain deposits held by depositors of the bank. This compensation is paid out from the contributions which banks have made into a deposit guarantee fund.

Deposit Guarantee in Elavon Financial Services Limited DAC, S.E.

All branches of Irish banks operating abroad participate in the deposit guarantee scheme of Ireland.

Elavon Financial Services Limited DAC, S.E. is a member of Irish Deposit Protection Scheme and makes its contributions into it. In the case of Elavon Financial Services Limited DAC, S.E. failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Maximum Protected Amount
100,000 EUR
Eligible Depositors
sole traders
small companies
Non-Eligible Depositors
public authorities
pension funds
collective investment schemes
certain other financial institutions
Covered Accounts
any credit balance on an account with a bank, for example
  • current accounts
  • demand deposit accounts
  • notice deposit accounts
  • certificates of deposit
  • fixed-term deposit accounts
  • share accounts in a building society or credit union
  • deposit element of structured deposits/tracker bonds may also be eligible
  • credit balances on credit cards issued by credit institutions may also be eligible
Paid In Currency

Irish Deposit Protection Scheme

3 Upper Mayor Street, Spencer Dock, P.O. Box 11517, Dublin, Ireland

Further Information

Similar Banks

Banque Chaabi Du Maroc, S.E. Logo Banque Chaabi Du Maroc, S.E.
banking for Moroccan community
Natwest Markets NV, S.E Logo Natwest Markets NV, S.E
securities services
Younited, S.E. Logo Younited, S.E.
consumer finance
Unicredit. S.p.a. S.e Logo Unicredit. S.p.a. S.e
corporate and investment banking
Edmond de Rothschild (Europe), S.E. Logo Edmond de Rothschild (Europe), S.E.
private banking and asset management

See Also

Related Articles