Key features of the mechanism of payment of insurance compensation on deposits

The article is devoted to systematization and explanation of the main points concerning the return of funds of clients of liquidated banks, by detailed consideration of the mechanism of payment of insurance compensation for deposits in General. Statistical information is provided on the number of operating credit institutions, which indicates that the Central Bank of Russia has recently been actively engaged in identifying financially weak and law-abiding banks, revoking their licenses or working on their financial recovery. In this regard, the problem of returning funds on deposits is becoming more and more urgent, both for clients of already liquidated banks and for depositors of existing banks, since nothing can guarantee that all of them are financially stable and reliable.