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ContactCenter@radabank.com.ua
ContactCenter@radabank.com.ua

Individuals Deposit Guarantee Fund

Your deposits are protected not only by the RADABANK financial stability, reputation and image, but also by the government guarantees represented by Individuals Deposit Guarantee Fund.

With RADABANK you can be sure in the safety of your funds.!

RADABANK has been a member of the “Individuals Deposit Guarantee Fund” since 1999.

The Individuals Deposit Guarantee Fund operates as a state specialized organization. The main task of the Fund is to ensure the protection of the individuals-depositors rights of Ukrainian commercial banks by Fund’s reimbursement for the losses on deposits.

According to the Law of Ukraine “On the system of individuals deposits guarantee”, the Fund guarantees to each depositor of the Fund Bank-Member a refund of thier deposits, including interest, in the amount of deposits on the day the deposit becomes unavailable.

In accordance with the Law of Ukraine “On the System of Individuals Deposits Guarantee” No. 4452-VI dated 23.02.2012, the maximum amount of deposits reimburssement cannot be more than 200,000 UAH.

Guarantee Fund informs

The Fund guarantees deposit funds reimbursement to each bank depositor in the amount of the deposit, including interest accrued on the day the National Bank of Ukraine decides to classify the bank as insolvent, in the total amount of deposits, but not more than 200,000 UAH.

The Fund does not reimburse funds:

1) referred to the bank in a trust management;

2) on the deposit in the amount of less than 10 UAH;

3) on a deposit confirmed by a bearer certificate of deposit;

4) placed on a deposit by a person related to the bank or used to be such a person within a year before the day when the NBU decided to classify such a bank as insolvent (if the National Bank of Ukraine decides to revoke a banking license and the bank liquidation based on determinations of the 77 article of the Law of Ukraine “On banks and banking activities”, – within a year before the day of making such a decision);

5) placed on a deposit by a person who used to provide professional servises to the bank as an auditor, appraiser, in case, when from the termination date of providing servises until the day the National Bank of Ukraine decided to classify such a bank as insolvent, passed less than a year. (if the National Bank of Ukraine decided to revoke a banking license and the bank liquidation based on determinations of the 77 article of the Law of Ukraine “On banks and banking activities”, – within a year before the day of making such a decision);

6) placed on the deposit account by the owner of a substantial part in the bank;

7) on deposits in a bank that have individual interest payment basis and opened on special conditions, that are not related to the current market conditions in accordance with the Law of Ukraine “On Banks and Banking Activities” or have other financial privileges from a bank;

8) on a bank deposit, if such deposit is used by the depositor as a way of ensuring the fulfillment of another obligation to that bank in full of the deposit before the day of fulfillment of obligations;

9) on deposits placed in branches of foreign banks;

10) on deposits in bank metals;

11) placed in the accounts, that are held under arrest by court decision;

The Fund guarantees deposit funds reimbursement to each bank depositor in the amount of the deposit, including interest accrued on the day the National Bank of Ukraine decides to classify the bank as insolvent, in the total amount of deposits, but not more than 200,000 UAH.

The Fund does not reimburse funds:

1) referred to the bank in a trust management;

2) on the deposit in the amount of less than 10 UAH;

3) on a deposit confirmed by a bearer certificate of deposit;

4) placed on a deposit by a person related to the bank or used to be such a person within a year before the day when the NBU decided to classify such a bank as insolvent (if the National Bank of Ukraine decides to revoke a banking license and the bank liquidation based on determinations of the 77 article of the Law of Ukraine “On banks and banking activities”, – within a year before the day of making such a decision);

5) placed on a deposit by a person who used to provide professional servises to the bank as an auditor, appraiser, in case, when from the termination date of providing servises until the day the National Bank of Ukraine decided to classify such a bank as insolvent, passed less than a year. (if the National Bank of Ukraine decided to revoke a banking license and the bank liquidation based on determinations of the 77 article of the Law of Ukraine “On banks and banking activities”, – within a year before the day of making such a decision);

6) placed on the deposit account by the owner of a substantial part in the bank;

7) on deposits in a bank that have individual interest payment basis and opened on special conditions, that are not related to the current market conditions in accordance with the Law of Ukraine “On Banks and Banking Activities” or have other financial privileges from a bank;

8) on a bank deposit, if such deposit is used by the depositor as a way of ensuring the fulfillment of another obligation to that bank in full of the deposit before the day of fulfillment of obligations;

9) on deposits placed in branches of foreign banks;

10) on deposits in bank metals;

11) placed in the accounts, that are held under arrest by court decision;

Useful training videos

As part of implementation of the Individuals Deposits Guarantees Fund information policy and ensurenig the awarnasses organization among the public, the Bank has created short videos about the Individuals deposits guarantees system.

About the individuals deposits guarantees system

Family savings guarantee

Managed to earn, be able to save

The warranty. The protection. The trust. Short movie about the Fund

What to do if your bank is determined as insolvent?

Detailed information on the individuals deposits guarantees system in Ukraine can be obtained by contacting the Individuals deposits guarantee fund:

04053, Kyiv, st. Sichovykh Striltsiv 17

0-800-308-108; 044-333-36-55* (* in accordance with the operator tariffs)

  www.fg.gov.ua

The bank also informs you that the permanent automated telephone line operates in the Individuals Deposit Guarantee Fund, which is free for subscribers throughout Ukraine (from landlines).

0 800 308 108
044 333 36 55*

* in accordance with the operator tariffs

* The informal translation of information on the individuals deposits guarantee system. The official version is placed on the bank website.

** The individuals-entrepreneurs deposits are guaranteed by the Fund regardless of the day of account opening, starting from January 1, 2017 on banks classified as insolvent after January 1, 2017.