๐ How fast do you get your deposits back?
The Incubator Bank case (2010) shows DICJ timeline in practice:
โข Bank failed on Friday
โข Deposits returned by Monday
3 days/by next working day to have insured deposits available ๐ค
๐ด Coverage limits:
โข Regular deposits: Up to ยฅ10M (~$65k/โฌ60k)
โข Payment & settlement accounts: 100% covered
๐กFun fact: During the 90s crisis, ALL deposits were fully protected. Japan gradually reduced this to ยฅ10M by 2005