FGDR is aimed at protecting and compensating customers if their bank, investment firm or financing company is adjudged bankrupt.
Deposit accounts (especially current accounts) are covered by the Deposit Guarantee Scheme of FGDR.
FGDR covers securities and other financial instruments (shares, bonds, open-ended collective investment schemes (SICAVs), mutual funds, etc.) on the twofold condition that the securities are “declared unavailable” and the account holding institution cannot restore them.
For more information, visit the FGDR’s website : www.garantiedesdepots.fr/en
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