Protecting your money
The Depositor Compensation Scheme (DCS) will protect depositors up to $100,000 if your deposit taker fails. Coverage is automatic from 1 July 2025, if your money is in a DCS-protected account. This includes existing deposits.
From 1 July 2025, the DCS covers you up to $100,000 if your deposit taker fails, when your money is held in DCS-protected accounts.
The Depositor Compensation Scheme (DCS) will protect depositors up to $100,000 if your deposit taker fails. Coverage is automatic from 1 July 2025, if your money is in a DCS-protected account. This includes existing deposits.