What are the payout rules?

Insurance compensation is paid:

• for deposits of an individual entrepreneur, lawyers, notaries and other individuals who opened accounts (deposits) to carry out professional activities предусмотренной federal law (in relation to lawyers, notaries and other persons from March 25, 2024) – by transferring funds to a bank account opened with a member bank of the deposit insurance system or another credit institution;
• for insurable deposits of commercial organizations (in relation to small enterprises from January 1, 2019, in relation to medium-sized enterprises from March 25, 2024) or a non-profit organization (from October 1, 2020, in relation to public organizations that are trade unions (professional organizations) and socially oriented non-profit organizations from March 25, 2024) – by transferring funds to the bank account of such legal entity (the bank account of a legal successor), opened with a member bank of the deposit insurance system or another credit institution.

More details about the payment method – here.

Payment of insurance compensation is made in rubles. If a deposit is placed in foreign currency, the amount of compensation is calculated in rubles at the exchange rate set by the Bank of Russia on the day of occurrence of the insured event.

More details – here.