COMPENSATION (PAYOUTS)

The Agency will inform citizens-creditors without any delay about the occurrence of a deposit-guarantee event and details related to the payouts on its internet (web) site and in daily newspapers.

The Agency shall send invitation to submit particular claims for compensation within 3 months. CNB can in exceptional circumstances extend that period.

Director of the Agency shall make decision in relation to the content of those compensation claims, with detailed instructions how to exercise the right to compensation.

Depositors-creditors are obliged to submit a full written claim for compensation in due form to the Agency within (12) twelve months upon receiving invitation.

The Agency is obliged to examine the submitted written claims without delay and to comply with its obligations within 30 days upon receipt of a full claim in due form.