|Yes (up to 100,000 EUR per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All branches of EU-banks operating in Italy participate in deposit guarantee schemes of their home countries. This means that Banco Bilbao Vizcaya Argentaria S.a. (bbva) participates in the deposit guarantee scheme of Spain.
In the case of Banco Bilbao Vizcaya Argentaria S.a. (bbva) failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons, legal entities|
|Covered Accounts||credit balances on accounts, nominative deposit certificates constituted in the EU|
|Maximum Protected Amount||100,000 EUR|
|Paid In Currency||EUR|