If a bank fails, up to R100 000 in your account will be guaranteed as part of new scheme - News24

Every bank in SA will have to provide R100 000 insurance per depositor under the Reserve Bank's Corporation for Deposit Insurance.

• The SA Reserve Bank's new Corporation for Deposit Insurance will cover depositors for the first R100 000 they've saved with each bank.
• This will increase the protection that customers… [+3439 chars]
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