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Financial Claims Scheme

Financial Claims Scheme

The Financial Claims Scheme protects depositors through the provision of a guarantee on deposits (up to a cap) held in authorised deposit-taking institutions (ADI’s) in Australia and allows quick access to their deposits if an ADI becomes insolvent.

As such please note the following information:

You may be entitled to payments under the Financial Claims Scheme; and
Access to the scheme is subject to a limit for each depositor; and
Information about the scheme can be obtained from the APRA website and the APRA hotline on 1300 558 849.

For more information, please see the APRA FAQs