Glossary entry

Italiano term or phrase:

tutela dei depositi

Inglese translation:

deposit protection /deposit insurance

Added to glossary by musicaclab68
Jul 7, 2011 20:37
12 yrs ago
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Italiano term

tutela dei depositi

Homework / test Da Italiano a Inglese Affari/Finanza Finanza (generale) set up of banks
l'argomento tratta di una banca che aderisce al fondo interbancario di tutela dei depositi
Proposed translations (Inglese)
5 +1 deposit protection /deposit insurance

Proposed translations

+1
51 min
Selected

deposit protection /deposit insurance

This official translation of the fund is the Interbank Deposit Protection Fund. You can check this on their web site:
http://www.fitd.it/en/about_us/the_institution.htm
However what the fund does is to insure deposits, so you could also translate this as "deposit insurance". Wiki provides an explanation:
http://en.wikipedia.org/wiki/Deposit_insurance
http://en.wikipedia.org/wiki/Deposit_insurance

Bssically if your bank becomes insovlent, this fund insures deposit holders for up to €100,000 each.
Peer comment(s):

agree Peter Cox
7 ore
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