A deposit protection scheme protects depositors by paying them compensation in the event of the bank's bankruptcy. The DPS is established under the Deposit Protection System Ordinance (DPS Ordinance). In the event that a DPS member bank (System member) fails, DPS will pay compensation of up to a maximum of $500,000 for each depositor of the failed System member.
At KingsgateBank, we make transferring funds quick, easy, and secure. Whether you're sending money to family, paying for a service, or transferring funds between accounts, our seamless fund transfer services ensure your transactions are completed with minimal effort and maximum security.
The FDR is a reserve of money that banks establish with the objective of covering risks that cannot be accurately predicted but that could affect their liquidity or solvency. This includes credit, market, operational and other types of losses that may arise due to economic fluctuations, financial crises or unexpected events such as natural disasters or regulatory changes.
At our banking institution, we know that sometimes you need a little financial support to achieve your goals. Whether to buy a house, finance your studies, grow your business or carry out a personal project, our loans are designed to give you the flexibility and conditions you need. We offer a variety of options adapted to your needs and your payment capacity, with competitive rates and fast processes.
Our bill payment service allows you to efficiently pay all your bills, whether for utilities such as electricity, water, telephone, internet, insurance, taxes and more, directly from your bank account. Forget about long lines at banks, paperwork or complications: with a few clicks, you can effortlessly keep your payments up to date.
Bank fund transfer refers to the process of moving money from one bank account to another. This can be done through various means, including online banking, mobile banking apps, wire transfers, Bank fund transfer refers to the process of moving money from one bank account to another.
At our institution, we understand the importance of having access to your money at any time. Bank withdrawals are one of the most basic and essential operations in managing your finances, and we want to make sure that this process is as simple, fast and secure as possible.
At our banking institution, we believe in rewarding the trust that our clients place in us. That is why we have created a Referral Program, an excellent opportunity for you to earn additional benefits by inviting your friends, family or colleagues to join our financial community. With each referral who opens an account and meets certain requirements, you win!
