How safe are my savings ? Your eligible savings and deposits with FCM Bank* are protected up to a total of €100,000 by the Depositor Compensation Scheme (DCS) of Malta. Any deposits you hold above the €100,000 limit are not covered. For further information visit DCS What is the DCS? The Depositor Compensation Scheme (DCS) pays compensation to you if you lose money when a bank or other financial services provider goes out of business. It’s been in operation since 2003 and has been strengthened since the financial crisis of 2007. How much compensation will the scheme pay? The DCS will compensate you for the amount of money you have lost, up to a personal limit of €100,000 with each financial institution. This means that even if you have more than that amount saved with one bank, you can still only get €100,000 back if the bank goes out of business. What’s covered by the scheme? The DCS of Malta covers: Money in savings accounts, fixed term deposit accounts and current accounts that are regulated in Malta Banks and financial institutions regulated in Malta Joint Accounts If you lose money that was in a joint account, you’re each covered up to your personal claim limit of €100,000. If there are two account names within the joint account there’s a total of €200,000 protection for the money in that account. However, if you have a fixed term deposit account as well as a savings account in your sole name with the same bank, you are only covered for a total of €100,000 across all two accounts. Important Legal Information FCM Bank Limited is a member of the Depositor Compensation Scheme (‘the Scheme’) established under the Depositor Compensation Scheme Regulations, 2003 (‘the Regulations’). The Scheme is managed and administered by a Management Committee, which is composed and regulated by the provisions of regulations 3 and 5 of the Investor Compensation Scheme Regulations, 2003. For more information visit http://www.compensationschemes.org.mt or contact the Management Committee of the Scheme at the address below: Compensation Schemes Management Committee c/o Malta Financial Services Authority Notabile Road Attard BKR3000 Malta Tel: +356 21441155 E-mail:firstname.lastname@example.org. * Your eligible deposits with FCM Bank are protected up to a total of €100,000 by the Depositors Compensation Scheme (DCS) of Malta. This limit is applied to the total of any deposits you have with FCM Bank.