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DCS

The Reserve Bank of New Zealand in Wellington, 2024
Bank deposit insurance scheme starts
The Depositor Compensation Scheme, which insures bank and finance firm deposits up to $100,000, will take effect today, Finance Minister Nicola Willis says
by Dan Brunskill
1
The Depositor Compensation Scheme, which insures bank and finance firm deposits up to $100,000, will take effect today, Finance Minister Nicola Willis says
many banks
Could the DCS enhance savers returns and safety?
We explore how the Deposit Compensation Scheme could allow savers to earn more term deposit interest by spreading investments among the covered institutions. The result: better than main bank returns
by David Chaston
1
We explore how the Deposit Compensation Scheme could allow savers to earn more term deposit interest by spreading investments among the covered institutions. The result: better than main bank returns