Chapter Four
1. Since cheques are used primarily for transfer of funds, these are also called ‘checking accounts’ in some countries.
2. Source: www.iadi.org
3. For a complete list of countries with deposit insurance schemes and more information on schemes, visit www.iadi.org. World Bank has also published a comprehensive database on explicit deposit insurance schemes available around the world, which can be accessed at http://go.worldbank.org/KXEZESCGJ0.
4. Sebastian Schich, “Financial Turbulence: Some Lessons Regarding Deposit Insurance”, Financial Market Trends, ISSN-0378-651X, OECD (2008).
5. The relevant information was sourced from the BCBS document accessed at www.bis.org and a press release on www.iadi.org.
6. Simply stated, ‘bank ...
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