Australian Government Guarantee under the Financial Claims Scheme
Depositors in Australia are guaranteed under the Australian Government Financial Claims Scheme (FCS). Payments under the FCS are subject to a limit of AUD250,000 per each account holder for eligible deposits held with Authorised Deposit Taking Institutions such as Arab Bank Australia.
Detailed information on the Financial Claims Scheme can be accessed on the APRA consumer website www.fcs.gov.au.
