The deposit insurance agency will not pay indemnification for some types of deposits. Experts of the department consider unreasonable to return means to those citizens who made claims to bank within 3 months before licence withdrawal. The amendment contains an option: in case there was no actual cash receipt in bank, and the bank did not execute the clients? commission, i.e. was insolvent.

The deposit insurance agency assumes that such deposits, which appeared shortly before bank bankruptcy, are formed during fictitious transactions connected with transfer of legal bodies? means onto population?s accounts. Recently the quantity of such transfers of legal bodies? deposits to individuals? deposits has considerably grown. Small companies and private businessmen "split up" their accounts and distribute their savings to individuals? insured deposits. Losses from such frauds for a year have made almost one and a half billion rubles, and it is about 2 % from the whole fund of deposits? insurance system.

Such monetary transactions from legal persons? accounts to individuals? ones make deposits? insurance system very vulnerable. In case crisis causes mass responses of bank licences fund means will not be sufficient. We remind that now the federal agency pays 100 % compensation for individuals? deposits up to 700 000 rubles.

The deposit insurance agency calls "transfer" of legal person?s money means into accounts of managers and founders one of the widespread techniques. For example, it can be carried out in the form of payment of dividends in the sizes comparable to the sum of the maximum insurance compensation.

According to analyst Vladimir Sergievsky, such measures of the deposit insurance agency are logical enough. "The agency is created for protection of the individuals? rights", not for business support. But it?s difficult to prove there was double game between bank and its. But the risk of deposit freezing during the investigation period is a quite serious threat for persons willing to take advantage of this loophole".

Artem Krasnov
sections: Economics