Examples

EXAMPLES OF CALCULATION OF THE INDEMNIFICATION AMOUNT

Examples of calculation of the indemnification amount for a depositor in a bank or savings house*
Example 1 Example 2 Example 3

Example 1)

Depositor
Type of deposit
Balance on the account, in Denars
A
Denar savings deposit
10.000
A
Foreign currency savings deposit
47.500
A
Current account
11.000
A
Deposit backing money card
20.000
A
Foreign currency inflow
3.000
Total deposits - in Denars
91.500
Total deposits - in Euro
1.500
Indemnification amount - 100% - in Euro
1.500
Total idemnification to be paid out - in Denars
91.500

Example 2)

Depositor
Type of deposit
Balance on the account, in Denars
B
Denar savings deposit
150.000
B
Foreign currency savings deposit
690.000
B
Current account
28.000
B
Deposit backing money card
35.000
B
Foreign currency inflow
12.000
Total deposits - in Denars
915.000
Total deposits - in Euro
15.000
a) Indemnification amount - 100% - in Euro
10.000
b) Indemnification amount - 90% of the remainder of the deposits of 5.000 - in Euro
4.500
Total indemnification (a+b) - in Euro
14.500
Total idemnification to be paid out (a+b) - in Denars
884.500

Example 3)

Depositor
Type of deposit
Balance on the account, in Denars
C
Denar savings deposit
250.000
C
Foreign currency savings deposit
1.170.000
C
Current account
40.000
C
Deposit backing money card
50.000
C
Foreign currency inflow
15.000
Total deposits - in Denars
1.525.000
Total deposits - in Euro
25.000
a) Indemnification amount - 100% - in Euro
10.000
b) Indemnification amount - 90% of the remainder of the deposits of 15.000 Euro = 13.500 Euro, but the Law will only allow a total maximum of up to 20.000 Euro (10.000+10.000) - in Euro

13.500

10.000

Total indemnification (a+b) - in Euro
20.000
Total idemnification to be paid out (a+b) - in Denars
1.220.000
*Note:
These examples are based on the following assumptions:
- Balance on the account = principal + interest
- 1 Euro = 61 Denar
   
 

© 2002 DEPOSIT INSURANCE FUND SKOPJE