HelpFor individualsNominal accountQuestions about the Nominal AccountAre Nominal Accounts for crediting social benefits at The bank insured? For what amount?

Are Nominal Accounts for crediting social benefit payments at The bank insured? For what amount?

Nominal Accounts for crediting social benefit payments have been included in the deposit insurance system since 01.01.2015. Compensation for nominal accounts at a bank in respect of which an insured event has occurred shall be paid to the depositor in the amount of 100 percent of the total deposits with the bank, but not more than 1,400,000 rubles. 

If a depositor had several deposits opened with one bank, insurance compensation shall be paid for each deposit in proportion to their amounts, but not more than 1,400,000 rubles 

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