🚀 How fast do you get your deposits back?

The Incubator Bank case (2010) shows DICJ timeline in practice:
• Bank failed on Friday
• Deposits returned by Monday

3 days/by next working day to have insured deposits available 🤝

Illya Gerasymchuk 2024-10-27 15:51

💴 Coverage limits:
• Regular deposits: Up to ¥10M (~$65k/€60k)
• Payment & settlement accounts: 100% covered

💡Fun fact: During the 90s crisis, ALL deposits were fully protected. Japan gradually reduced this to ¥10M by 2005