The local and foreign currency deposits absorbed by Zhongyuan banking institutions shall be protected in accordance with the Deposit Insurance Regulations. All financial institutions participating in deposit insurance are authorized by the People's Bank of China to use the deposit insurance mark.

According to the deposit insurance regulations, deposit insurance is subject to a limit payment, and the maximum payment limit is 500,000 yuan. If the total amount of funds calculated by the same depositor in all insured deposit accounts of the same insurance institution is within the maximum repayment limit, full repayment will be implemented.

Extended data:

Relevant requirements and regulations of Zhongyuan Bank's guarantee:

1. Depositors have the right to ask the deposit insurance fund management institution to use the deposit insurance fund to pay the insured deposits in the following circumstances: the deposit insurance fund management institution acts as the takeover organization of the insurance institution; The deposit insurance fund management institution shall liquidate the cancelled insurance institution; The people's court ruled to accept the bankruptcy application of the insurance institution; Other circumstances approved by the State Council.

2. Insured deposits include RMB deposits and foreign currency deposits absorbed by insurance institutions. However, inter-bank deposits of financial institutions, deposits of senior managers of insurance institutions in this insurance institution and other uninsured deposits stipulated by the deposit insurance fund management institution are excluded.

Zhongyuan Bank-Questions and Answers on Deposit Insurance (4)