Deposit Protection Scheme
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Notification in relation to Deposit Protection Scheme |
Punjab National bank is a member of the Deposit Protection Scheme. Eligible deposits taken by Bank are protected by the Scheme up to a limit of HK$ 500,000 per depositor. |
This scheme does not cover:
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- Structured Deposits
- Term Deposits with a maturity exceeding 5 years
- Deposits the repayments of which are secured on the assets of the Scheme member.
- Bearer Instruments
- Offshore Deposits
- Deposits held for the account of the Exchange Fund
- Deposits held by an excluded person
- Financial products other than Deposits.
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For more information on Deposit Protection Scheme, please click here
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You can also see the FAQs on the Scheme and visit the website of the Hong Kong Deposit Protection Board.
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