Banca Farmafactoring, Spa Suc En España

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 Banca Farmafactoring, Spa Suc En España

All branches of EU-banks operating in Spain participate in deposit guarantee schemes of their home countries. This means that Banca Farmafactoring, Spa Suc En España participates in the deposit guarantee scheme of Italy.

Banca Farmafactoring, Spa Suc En España is a member of Interbank Deposit Protection Fund and makes its contributions into it. In the case of Banca Farmafactoring, Spa Suc En España failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Maximum Protected Amount
100,000 EUR
Eligible Depositors
natural persons
legal entities
Covered Accounts
current accounts
cash accounts
time deposits
nominative certificates of deposit
nominative saving books and banking drafts
prepaid cards associated with IBAN
Non-Covered Accounts
bearer deposits
prepaid cards not associated with IBAN
Paid In Currency

Interbank Deposit Protection Fund

Via del Plebiscito 102, 00186 Rome RM, Italy
+39 06 699861

Further Information

Similar Banks

Citibank Europe PLC, S.E. Logo Citibank Europe PLC, S.E.
corporate and investment banking
Fce Bank plc S.E. Logo Fce Bank plc S.E.
vehicle financing for Ford brands

See Also

Related Articles