View the definition of technical terms

All the FGDR’s protections rely on relatively complex banking and financial mechanisms. This glossary provides the definition of many technical terms used on this website or in the FGDR’s documents.

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H

Hybrid accounts

Bank i products that combine two products: a savings account guaranteed by the French government (Livret type “A” or Livret type “Bleu” savings account i, LDDS, LEP) and a traditional current or savings account covered by the deposit guarantee scheme. The FGDR compensates the first account in full under the French government guarantee and adds the second account to the other deposits in order to calculate the compensation under the deposit guarantee scheme. Each account appears in the relevant compensation statement.

Source : FGDR