We understand that customers' savings represent more than just money; they reflect your hard work, your dreams, and your future. That’s why we want to reassure you that your deposits are protected, even in the unlikely event that a bank or financial institution faces challenges.

Ghana has established the Ghana Deposit Protection Corporation (GDPC) to safeguard your funds. GDPC manages the Ghana Deposit Protection Scheme, a government-backed initiative that ensures depositors like you are reimbursed up to a guaranteed limit if a licensed bank or specialized deposit-taking institution (SDI) fails.

Here’s what this means for you:

• Peace of mind: Your savings in current accounts, savings accounts, fixed deposits, and even mobile money accounts are protected under the Scheme.

• No extra cost: You don’t pay anything for this protection. Member banks and SDIs contribute to the fund on your behalf.

• Quick access to your money: In case of a bank failure, GDPC aims to reimburse valid claims within 30 days.

• Long-term security: You can still make a claim up to five years after a bank or SDI fails.

We encourage you to continue saving with confidence. GDPC exists to protect you the depositor and to promote trust and stability in Ghana’s financial system. If you ever have questions about deposit protection, our staff are trained to assist you, or you can visit GDPC’s website at 

Ghana Deposit Protection Corporation

Your financial safety is our priority. Keep saving, keep growing, and we are here to protect what matters most.