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Bank Deposit Guarantee Fund

Deposit guarantee information
Information form provided to depositors download
List of deposits exempted from compensation download
I. Bank Deposit Guarantee Fund (FGDB)
In Romania, the deposits opened at Romanian banks are guaranteed by the deposits guarantee schemes approved by the National Bank of Romania. At the moment, the only guarantee scheme officially recognized in Romania is the Bank Deposit Guarantee Fund (FGDB). The deposits guarantee respects the Law no. 311/2015 on deposits guarantee schemes and Bank Deposit Guarantee Fund.
BRD - Groupe Société Générale SA is a participant at the Bank Deposit Guarantee Fund in Romania as governed by Title II of the Law no. 311/2015.
II. General coverage plan
The coverage represents the maximum guaranteed amount if the bank where the deposit is opened is unable to meet its payment obligations according to the contractual conditions and applicable laws. The guarantee ceiling is of 100.000 EUR, equivalent in RON, per depositor, per bank. The guarantee ceiling has the same value in all E.U countries. This means that all the deposits at the same credit institution are aggregated to determine the classification in the coverage plan. For example, if a depositor holds a savings account worth 90.000 EUR and a current account with 20.000 EUR, he will receive only the equivalent in RON of 100.000 EUR.
In certain situations, as expressly provided by the art. 62., alin(1) from the Law no. 311/2015, deposits exceeding 100.000 EUR are covered for a period of 12 months from the date on which the amount was credited to the account of the concerned credit institution or from the date at which the deposits can be legally transferred to another credit institution.
The deposit categories as enclosed in the art. 62, alin. (1) from the Law 311/2015 are:
a) deposits resulting from real estate transactions relating to immovable assets with housing destination;
b) deposits resulting in the event of retirement, dismissal, invalidity or death situation of the depositor;
c) deposits resulting from the collection of insurance claims or compensation for damages resulting from infractions or unfairly convictions.
The current additional ceiling established by the National Bank of Romania is of 100.000 EUR. The guarantee level is established and periodically reviewed by the NBR being published on its official website.

For example: if a client owns a deposit of 70.000 EUR and has received 100.000 EUR from a real estate transaction (category a), the guaranteed amount will be of 170.000 EUR in case of Bank’s bankruptcy (70.000 EUR guaranteed according to the existing ceiling of 100.000 EUR + 100.000 EUR additional ceiling).

To benefit from the additional protection that the law confers to these types of deposits, it is necessary to present justifying documents to the Bank.
Additional information is available at
III. Compensations payments
The responsible for the deposits guarantee scheme is the Bank Deposit Guarantee Fund, located in Negru Vodă Street, no. 3, corp A3, et. 2, Sector 3, Municipiul București, cod: 030774, having the following phone numbers: 031.423.28.82/ 021.326.60.20./ 031.423.28.05, e-mail address: and the web address:
If the deposits of a credit institution participating in the Fund become unavailable, the FGDB will ensure the compensations payment, within the guarantee ceiling. The compensation payment shall be made only in RON.
Through compensation, according to the law, we understand the amount that the Fund pays to each guaranteed depositor for the unavailable deposits, regardless of their number, within the coverage limit and taking into account the conditions provided by the Law 311/2015 on deposits guarantee schemes and Bank Deposit Guarantee Fund.
The depositor’s debt at the credit institution is taken into account when calculating the due compensation at the date when the deposits have become unavailable.
FGDB will provide the due compensations no later than 7 working days from the date on which the deposits have become unavailable.
If the compensation was not provided within this period, we recommend you to contact the deposit guarantee scheme as the term within which you can claim the compensation payment may be limited.
The depositors right of receiving due compensations is prescribed within 5 years from the date on which the FGDB has put the compensations at the depositors disposal.
An exception from the compensation payments is represented by the deposits that are classified as un-guaranteed, as presented in the list of deposits exempted from guarantee according to the Law no. 311/2015 on deposits guarantee schemes and Bank Deposit Guarantee Fund.
Additional information is available at