Deposit Guarantee

In accordance with the Deposit Guarantee Law adopted by the Parliament of the Republic of Latvia, the State compensation of EUR 100 000 is guaranteed to the clients of AS Expobank (both natural and legal persons) per depositor (all accounts added together, if several accounts are held with the bank in one name). The government guaranteed compensation covers deposits, current account balance, salary accounts, savings accounts etc., regardless of the day the deposit was made, and in all currencies that are converted in lats in accordance with currency exchange rates of the Bank of Latvia on the day when inaccessibility of a deposit emerged.

 

The guaranteed compensation is paid by Deposit Guarantee Fund not later than in 20 working days from the day when inaccessibility of a deposit emerged. In exceptional cases this payment term may be prolonged for the period not exceeding 10 working days.