We protect
your deposits
The Interbank Deposit Protection Fund is a private-law Consortium established in 1987 on a voluntary basis. It has since become a mandatory Fund. FITD guarantee deposits in the member banks up to 100,000 euro for depositor for bank.
Member banks
All Italian banks are members of the FITD, except for the cooperative banks, rural/raiffeisen banks (that are instead members of the Depositors Guarantee Fund of Credit Cooperative Banks) and branches of non-EU banks authorized in Italy if they already participate in an equivalent scheme in their home country.
What we do
Depositor guarantee
FITD guarantee deposits in the member banks up to 100,000€ for depositor.
International cooperation
FITD actively operates within the network formed by the guarantee systems at international level.
Last news
Read all news →15 November 2024
2024 IADI Annual General Meeting
The works of the 23rd IADI Annual General Meeting concluded today in Tokyo. During the meetings, the FITD Director General Alfredo Pallini was first confirmed as a member of EXCO and then appointe ...
12 November 2024
Financial Education
Today FITD in partnership with Unitelma, FEduF and the Scuola Politica Vivere la Comunità organized the seminar “Al Bar Sport. Educazione Finanziaria, Sport e Inclusione” to promote the financial educ ...
30 October 2024
FSB, BIS, IADI Joint Resolution Conference
On 29 and 30 October the joint conference of the Financial Stability Board, the Bank for International Settlements and the International Association of Deposit Insurers, entitled "Testing the policy ...
14 June 2024
End of the 79th IADI Executive Council Meeting
After four intense and productive days, IADI's 79th EXCO Meetings in Rome has come to an end. FITD had the honor of hosting more than 90 participants in attendance from 33 nations, discussing issues c ...
10 June 2024
79th IADI Executive Council Meeting
FITD is pleased to announce that the 79th EXCO Regional and Council Committee Meetings of the International Association of Deposit Insurers (IADI) will be held in Rome from June 11-14, 2024. This even ...
05 June 2024
Meeting with Pope Francis
Today the Chair and Vice-Chair of the International Associaton of Deposit Insurers - IADI (Alejandro Lopez and Alfredo Pallini - Director General of the FITD ) had the honour of meeting Pope Francis a ...
Financial Education
Understand the Economy and Banking
Learn the key concepts, from the basics of money to how deposit guarantee works.
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Protect your savings from fraud
Become more aware of digital threats and ways to safeguard your financial security.
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What is the scope of coverage of FITD? |
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FITD coverage applies to: current accounts, cash and time deposits, nominative certificates of deposit, nominative saving books and banking drafts.
What is the coverage level applied to the FITD guarantee? |
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The level of coverage is 100,000 euro per depositor per institution. The limit also applies for banks of the same banking group.
When are depositors reimbursed? |
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The reimbursement of depositors occurs only in case of Compulsory Administrative Liquidation of a bank.
Banking law
How long does the reimbursement process take? |
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Depositors are reimbursed within 7 working days from the date on which the Compulsory Administrative Liquidation of the bank started.
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