All deposits of physical persons as well as legal entities which are registered with insured institutions in Czech or foreign currency, including interest. In particular, credit balances on current, term or savings accounts or in savings books or which are endorsed through a deposit certificate, deposit note or other similar document.

Insured institutions are required to ensure identification of depositors when maintaining their accounts or when accepting their deposits and keep this data in their files. Identification data include:

• in the case of physical persons: name, surname, address and date of birth or birth certificate number of the depositor, or an identification number;
• in the case of legal entities: business name or name of the legal entity, registered office and in case of domestic legal entities also their identification number.

Insurance does not apply to deposits of banks, financial institutions, health insurance companies and state funds. Deposits that an insured institution is entitled to partially included in its capital (subordinated debt) are not insured either. The system does not apply to bills of exchange and other securities (e.g. shares or bonds).

Compensation is paid in the amount equal to 100% of the sum of insured deposits of one depositor per bank, the maximum amount being, however, the equivalent of EUR 50 000. Compensation of foreign currency deposits is paid in Czech currency.