прописи на енглеском језику

This Law shall govern the statutory insurance of deposits of natural persons, entrepreneurs, micro, small and medium-sized legal entities in banks, for the purpose of protection of deposits of such persons in case of bankruptcy or liquidation of banks and bank restructuring and preserving financial stability in the Republic of Serbia.

Certain terms, within the meaning of this Law, shall have the following meaning:

1) Agency shall mean the Deposit Insurance Agency established by the law governing Deposit Insurance Agency;

2) Bank shall have the meaning determined by the law governing banks;

3) Deposit shall mean a dinar or foreign exchange cash claim which arises from cash deposit, savings deposit, current account or any other account, as well as from any other temporary situation that occurs due to doing regular banking business, based on which a bank has the legal or contractual obligation to repay the funds;

4) Deposit insurance fund shall mean a special fund established in accordance with the Deposit Insurance Law (Službeni glasnik RS, Nos. 61/05, 116/08 and 91/10) for provision of assets for deposit insurance and payment of insured amounts;

5) Entrepreneur, micro, small and medium-sized legal entity shall have the meaning set by the law governing accounting;

6) Insured deposit shall mean the deposit of a natural person, entrepreneur, micro, small and medium-sized legal entity, insured with the Agency, and which does not include the deposits:

(1) of legal entities or natural persons connected with a bank, in terms of the law governing banks,

(2) coded or bearer deposits,

(3) arising from money laundering or terrorism financing, in accordance with the law governing prevention of money laundering and financing of terrorism,

(4) of large legal entities, in terms of the law governing accounting,

(5) of state bodies and organisations, bodies of the autonomous province or bodies of local self-government unit,

(6) of investors, whose assets are protected in accordance with the law governing capital market,

(7) that constitute contractual collateral, if the amount of the claim of a bank towards a depositor, which is guaranteed with that deposit, is larger than or equal to the amount of such deposit,

(8) bankruptcy and liquidation estates;

7) Insured amount shall mean the amount of an insured deposit up to EUR 50,000 per depositor in a bank, based on the following deposits:

(1) insured dinar deposits - in dinar equivalent at the official middle exchange rate of the dinar against the euro applicable on the day of initiation of the bankruptcy, and/or liquidation procedure over a bank,

(2) insured foreign exchange deposits placed in euros,

(3) insured foreign exchange deposits placed in other currencies (other than euro) - recalculated into euros, at euro/each specific currency exchange rate in which such deposits are placed, calculated on the basis of the official middle exchange rate of the dinar against the euro and official middle dinar/specific currency exchange rate, applicable on the day of initiation of the bankruptcy, and/or liquidation procedure over a bank;

8) Payout bank shall mean a bank which, on behalf and to the benefit of the Agency, carries out payment of insured amounts to depositors of the bank over which the bankruptcy, and/or liquidation procedure is initiated;

9) Methodology shall mean the methodology for the calculation of the deposit insurance premium based on the risk level of the bank's operations, rendered by the Managing Board of the Agency, upon prior approval of the National Bank of Serbia;

10) Fund's target amount shall mean the amount of the financial assets on the fund's account, decreased by the amount of the borrowed funds, which must be achieved within a certain time limit, declared as the percentage of the total insured deposit amounts within the banking system.

Agency shall insure deposits of natural persons, entrepreneurs, micro, small and medium-sized legal entities with banks.

A bank shall be obliged to insure all deposits of natural persons, entrepreneurs, micro, small and medium-sized legal entities with the Agency.

A branch of a local bank shall be obliged, on the basis of decision of the National Bank of Serbia, to insure the deposits of natural persons, entrepreneurs, micro, small and medium-sized legal entities if: 

1) the deposits are not insured in the country wherein it performs its activities;

2) the deposits are insured in the country wherein it performs its activities, and the National Bank of Serbia determines and announces on its website that such system is less favourable to depositors than the deposit insurance system established by this Law.