NOMISMA
BIBLIOGRAPHY

Basic Knowledge of the Deposit Insurance System

Deposit Insurance Corporation of Japan

Claims Supported by This Source

  1. The purpose of the deposit insurance system is to maintain the stability of the financial system by protecting depositors and ensuring the smooth settlement of funds.
  2. When a deposit is made at a covered financial institution, an insurance relationship is automatically established under the Deposit Insurance Act, and no procedure is required on the part of the depositor.
  3. Covered financial institutions are required to join the system and pay insurance premiums.

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