Your deposits in the Cooperative Bank of Karditsa are covered by the Hellenic Deposit and Investment Guarantee Fund (HDIGF).
Limit of coverage of 100,000€ per depositor per credit institution. A higher limit of coverage is provided for particular categories of deposits, under certain conditions.
In case of more deposits in the same credit institution the maximum coverage of the total deposits per each depositor in each credit institution is set to one hundred thousand (100,000) euros. This limit applies to all deposits held by the same credit institution, regardless of the number of deposits, the currency and the place of deposit within the EU.
In case of a joint account with another person, the limit of 100,000 euros applies separately to each depositor.
Deadline for commencement of compensation payment from the failure date of the credit institution: 7 working days.
Contact Hellenic Deposit and Investment Guarantee Fund (HDIGF). Postal address: 6 Amerikis Str., Athens, P.C. 10671. Telephone number: +302103639933, +302103635433. Fax: 2103635582. Email: This email address is being protected from spambots. You need JavaScript enabled to view it..
Additional information
System responsible for covering your deposit.
General limit of coverage If a deposit becomes unavailable in a general and permanent way due to a credit institution is found to be unable to meet its obligations to its depositors, in accordance to applicable law, the Hellenic Deposit and Investment Guarantee Fund pays compensation to depositors. The compensation payment covers a maximum amount of one hundred thousand (100,000) euros. This means that all deposits of the same depositor in the specific credit institution are added in order to determine the limit of coverage. For example, if a depositor maintains a savings account of 90,000€ and a current account of 20,000€, he will only be reimbursed for 100,000€.
Special limit of coverage
For more information: teke.gr
Limit of coverage for joint accounts
In case of joint accounts, the limit of 100,000 euros applies to each depositor.
Compensation The amount of the compensation becomes available from the HDIGF within seven (7) working days from the date of issuance of the decision provided by law of the competent supervisory or judicial authority. In some cases of deposits, this deadline may be extended up to a maximum of three (3) months. The depositor’s right to recompense is statute-barred after the lapse of five (5) years from the above deadlines. For the purpose of calculating the amount of compensation, the balances of the deposit accounts shall be set off against all kinds of claims of the credit institution against the depositor, if they had become due on or before the date of failure of the credit institution.
