Temporary large deposits are covered by the Deposit Guarantee Scheme up to what maximum limit for a temporary period?

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Multiple Choice

Temporary large deposits are covered by the Deposit Guarantee Scheme up to what maximum limit for a temporary period?

Explanation:
When the banking system faces stress, a Deposit Guarantee Scheme may temporarily raise the protection for large deposits to help maintain confidence and obtain funding. In that temporary window, deposits up to one million euros per depositor at a bank can be covered. This uplift is not permanent; once the temporary period ends, coverage reverts to the standard level. The usual protection under the scheme is much lower, so the one-million-euro cap reflects the temporary crisis response rather than the normal rule.

When the banking system faces stress, a Deposit Guarantee Scheme may temporarily raise the protection for large deposits to help maintain confidence and obtain funding. In that temporary window, deposits up to one million euros per depositor at a bank can be covered. This uplift is not permanent; once the temporary period ends, coverage reverts to the standard level. The usual protection under the scheme is much lower, so the one-million-euro cap reflects the temporary crisis response rather than the normal rule.

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