Deposit insurance: who is eligible for the increased compensation

Katvitskaya Maria Yurievna

This article discusses the provisions of the Federal Law of May 25, 2020 No. 163-FZ, which made significant changes to the law of the Russian Federation on deposit insurance. In particular, the list of circumstances is highlighted, the presence of which gives rise to the depositor's right to receive reimbursement of funds, including in an increased amount upon the occurrence of an insured event. It is noted that the revocation of a license from a banking institution acts as such an insured event. Particular attention is paid to the practical mechanism and timing of the payment of compensation, the necessary documentation, which the depositor undertakes to provide in order to achieve the specified goal.

Keywords:Deposit; bank; depositor; cash; insurance case.