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 BNP Paribas Personal Finance
All credit institutions operating in France are obliged to participate
in French deposit guarantee scheme.
BNP Paribas Personal Finance is a member of Fonds de Garantie des Dépôts et de Résolution (FGDR) and makes its contributions into it. In the case of BNP Paribas Personal Finance failure, eligible depositors having covered accounts
in this bank will be paid out the following compensation:
Maximum Protected Amount
Temporary High Balance
natural persons companies of any size, regardless of their status associations and other professional groups non-trading partnerships foundations and groups of any kind public institutions local governments
central governments and administrations supranational institutions all companies and organisations in the financial sector insurance companies
all deposit accounts, including
home savings accounts
home savings schemes
notes coins items entrusted to your bank's safety deposit department anonymous deposit or instrument with a holder who cannot be identified cash recorded on an electronic medium deposit of equity nominative savings certificates
all currencies, namely
Paid In Currency
Fonds de Garantie des Dépôts et de Résolution (FGDR)