The relevant provisions of deposit insurance The relevant provisions of deposit insurance shall limit the payment of deposit insurance, with the maximum payment limit of RMB 500,000. The People's Bank of China, together with relevant departments of the State Council, may adjust the maximum payment limit according to factors such as economic development, changes in deposit structure and financial risks, and report it to the State Council for approval before promulgation and implementation. If the sum of the deposit principal and interest of the same depositor in all insured deposit accounts of the same insurance institution is within the maximum repayment limit, it shall be paid in full, and the part exceeding the maximum repayment limit shall be compensated from the liquidation property of the insurance institution according to law. Deposit insurance refers to the deposit insurance fund formed by deposit banks paying premiums. When there are problems in the operation of individual deposit banks, they will use the deposit insurance fund to pay depositors in time according to regulations. The establishment of deposit insurance institutions Regarding the establishment of deposit insurance institutions, there are generally three organizational forms of deposit insurance institutions defined by laws in various countries: 1, which is an official type funded by the government and is responsible for management, and the United States is a typical country in this regard; 2. The central government and private financial institutions jointly set up deposit insurance institutions, such as those in Japan, Germany and Taiwan Province Province; 3. Deposit insurance institutions are completely established by private financial institutions or trade associations, such as Britain, Switzerland, Italy and other countries. A deposit insurance institution refers to an insurance institution established by a deposit-taking financial institution. All deposit institutions pay insurance premiums to the insurance institution as policyholders, and when the member institutions are in crisis or bankruptcy, they provide financial assistance instead of bankruptcy institutions or compensate depositors within a certain limit. Content of deposit insurance fund The deposit insurance fund refers to a special fund which is composed of the capital contribution of the state and the banking industry, the premiums and investment income accumulated in the process of deposit insurance operation, and is used by the deposit insurer to bear the insurance liability when the insured bank has an operational crisis. Deposit insurance fund is an important material basis for deposit insurance companies to perform their duties of protecting depositors' interests and maintaining financial stability. Facts have proved that in countries that have established deposit insurance funds, the deposit insurance system has a stable source of funds and clear financing rules, and the general public has certain confidence in the stability of the financial market brought by the deposit insurance system. Therefore, the deposit insurance fund runs well and the functions of the deposit insurance system have been well played.