Insurance of deposits. List of banks included in the deposit insurance system

The system of deposit insurance (CER) is a method of protecting customer's bank deposits . This is a special program implemented by the state. In case of occurrence of an insurance risk event (for example, bankruptcy), the Deposit Insurance Agency (DIA) will, in the shortest time, reimburse depositors for all the amount they previously contributed, it also creates a list of banks that are part of the deposit insurance system.

Principle of work of the Russian state CERs

The functioning of this structure is carried out in accordance with Federal Law No. 77-FZ of December 23, 2003. The main task of the entire government system is (in the event of the termination of the functioning of the banking structure) a return to the depositor of all of its invested money at the expense of a certain source that is financially completely independent of anyone and from anything. In addition, the depositor does not need to conclude an additional deposit insurance contract with the same banking structure. The list of banks included in the deposit insurance system is made up of all financial institutions that provide a similar service.

Functions of the Agency

The main task of the Agency is to ensure the operation of the system for insurance of personal deposits. Its rights extend to all parties and stages of relations between the bank, the Central Bank and investors. The main functions of the institution:

• Control over replenishment of the insurance fund, collection of contributions from the parties.

• List of banks included in the deposit insurance system: its accounting, adjustment.

• Accounting of deposits of depositors, acceptance of applications for reimbursement of deposits.

• Reimbursement of the amount.

• Definition of terms and conditions for calculating bank contributions.

• Investing free funds for the purpose of additional profit in accordance with existing legislative acts.

• Requirement from banks of information support on the functioning of the entire insurance structure.

• Appeal to the Central Bank of the Russian Federation on the application of appropriate measures to banks that violated its requirements.

CER Parties

Members of this system are customers of the banking structure of the Russian Federation:

• Banks that have received a license to conduct actions with individuals, that is, banks that have entered the deposit insurance system.

• Deposit Insurance Agency.

• TSB RF. It is the regulating link in this system.

• Citizens of the Russian Federation who have the status of an individual.

• Individual entrepreneurs who do not have the status of a legal entity, but who open an account for operations within the framework of functioning on a professional basis (avdokaty or notaries).

• Some agencies, which also legally, like banks, were previously recognized as providers of insurance services.

What banks are included in the mandatory deposit insurance system in the Russian Federation? The answer is one: all banks participate exclusively. No single bank will be able to obtain an appropriate license if it is not a CER participant. As a system for protecting civil bank deposits in Russia since 2003, there is a system of insurance of cash deposits (SSDV). The purpose of this system is to recover civil deposits from a certain financial source if there has been a termination of the activity of any financial institution included in the list of banks participating in the mandatory deposit insurance system. We need some additional financial source - a reserve insurance fund. It also was formed at the insurance agency. The basis of replenishment of the fund (one of some) is provided by the banks of the Russian Federation, who wish to work with a civilian. And only after making a certain monetary contribution to the reserve fund, banks get the right to be licensed to carry out activities with natural persons. The fund is replenished by banks once a quarter. The amount of such a contribution is established by the Board of Directors. It is the same for all banks, but sometimes it is subject to correction, which, in turn, can be based on the prevailing economic situation, etc.

Insurance deposits

Insurance is subject to deposits that are made in any currency. If an insured event occurs, the depositor will be refunded the entire amount, but not exceeding 1.4 million rubles. The basis for insurance is the agreement, which is concluded by the parties to open an account in the name of the banking client.

List of banks participating in the mandatory deposit insurance system

Any banking structure that has relationships with individuals on a license basis is included in the Agency's register. And in the reverse order - any bank from the said register has a license to conduct transactions with natural persons. If he is not included in the list of banks included in the deposit insurance system, then he has no opportunity to conduct the corresponding operations. The bank enters the mentioned list only when it pays certain contributions to the insurance fund. And the insurance agency, in its turn, has the authority to exclude a bank and thus to adjust the list of banks included in the deposit insurance system. Only in two cases can the bank be deleted from the list:

• License cancellation and termination.

• Central Bank imposing a moratorium on the bank in accordance with the requirements of creditors.

At present, the banks participating in the mandatory deposit insurance system for individuals make up a list, which includes more than 1,000 institutions.

First of all, these are all the major and well-known institutions of modern Russian banking, including:

• Sberbank;

• Gazprombank;

• "Alfa Bank";

• Rosselkhozbank;

• Raiffeisenbank and others.

In addition, the insurance of deposits is supported by little-known institutions: "Plus Bank", "LOKO-Bank", "CEDAR", etc.

To find out the list of banks participating in the mandatory deposit insurance system (there are more than 800 of them), it is enough to apply to the Agency. The official website of this organization provides all the necessary information. He also will provide information on banks that have lost the right to conduct operations to invest money on the account of individuals or to insure the money of citizens.

Objectives and mechanism of the Foundation

This financial structure was created as a basis for the operation of the mechanism of insurance of civil money deposits. The main and probably its only task is to return the entire depositary amount to civilians who are clients who have suffered from the termination of the bank's functioning due to any life reasons. The Fund in the full sense is formed from the financial contributions made by the banks participating in the mandatory deposit insurance system, and from the profit from investment of own funds.

Main methods of fund replenishment

1. The state replenishing the fund with a certain amount through the Central Bank of Russia. Currently, this amount is 7.9 billion rubles.

2. Banks participating in the mandatory deposit insurance system for individuals.

3. Incomes from investment of stock financial assets in securities of the largest organizations to deposits of the Bank of Russia. Investments are conducted exclusively with observance of the requirements of the federal law on organizations of a non-commercial form of activity.

Its main feature is its independence from any state structures and banks. This confirms that its funds can not be used for other operations, except as payment of insurance on deposits. An important distinctive feature of this structure is that its funds do not include foreclosures on liabilities of financial organizations credited to the list of banks that are part of the deposit insurance system and contributors.

Features of foreign currency deposits

The deposits of Russians in banks in any foreign currency are necessarily insured. However, it is necessary to know that in the event of an insured event the amount is refunded in the ruble variant. Accordingly, there is a recalculation in accordance with the exchange rate of the Central Bank for the currency, which was invested at the time when the insurance situation arose. The amount of insurance compensation is also one hundred percent of the total deposit amount, but not exceeding 1.4 million rubles. Interest rates of foreign currency deposits are also taken into account when returning. The procedure for the return of foreign currency deposits is similar to ruble deposits.