17. Why does my account statement now mention "Protected by the deposit guarantee scheme" or "Protected by the French government guarantee"?

The protection provided for your accounts by the Deposit Guarantee Scheme in the event of your bank's failure has existed since the FGDR's creation in 1999.


This notice on your account statement became mandatory in July 2016. The purpose is to inform customers about the protection provided for their savings and other bank accounts, whether they are covered by the Deposit Guarantee Scheme or by the French government guarantee.


The notice "Protected by the deposit guarantee scheme" appears on account statements for current accounts, passbook accounts, savings schemes, Comptes d'Epargne Logement (CEL) home savings accounts, Plans d’Epargne Logement (PEL) home savings schemes, 'Livret Jeune' savings accounts, etc.


The notice "Protected by the French government guarantee" appears on account statements for your savings accounts with French government guarantee (Livret Type 'A' savings accounts, Livret Type 'LDDS' savings accounts and Livret Type 'LEP' savings accounts).


→ To learn more about the protection provided for your accounts, refer to the FGDR brochure.