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by zinekeller
124 days ago
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At least if the failed bank is Japanese, all of it will fall under their deposit insurance program (https://www.dic.go.jp/content/000010138.pdf#page=13), although this is actually a rare guarantee (FDIC and SVB comes to mind). > Full coverage for deposits for payment and settlement
purposes, bearing no interest, being redeemable on demand, and providing normally required payment and settlement services |
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