ZA Bank, Virtual Bank
ZA Bank, Virtual Bank
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What deposits are protected by the Deposit Protection Scheme?
The DPS protects Hong Kong dollar, Renminbi and other foreign currency deposits. Secured deposits are also protected. However, certain deposits such as time deposits with a maturity longer than 5 years, structured deposits, bearer instruments and offshore deposits are not protected by the DPS.
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About ZA BankCustomer Due DiligenceWhat is the level of protection available under the Deposit Protection Scheme?Member of the Deposit Protection Scheme
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*‘No.1’ is defined by ZA Bank’s leading position in the virtual banking industry in terms of personal deposits and loan amount as of 30 June 2021.
ZA Bank has also gained the support of more than 400,000 users as of 31 July 2021, becoming the largest virtual bank in terms of user base. Source: media reports.
ZA Bank has also gained the support of more than 400,000 users as of 31 July 2021, becoming the largest virtual bank in terms of user base. Source: media reports.