Home >

The Jersey Bank Depositors Compensation Scheme (DCS) has been in force since November 2009.

Jersey has a strong and robust banking sector and the island did not have a single bank failure in the recent global financial crisis. The DCS was set up to provide depositors with compensation in the unlikely event of bank failure.

We have worked with leading experts in the field of deposit protection to develop the framework for the administration of the DCS and a state of the art IT system to administer and pay compensation.

This website contains information about the scheme, the Board, links to relevant legislation and contact details.

News: Transfer of responsibility for administration of the JDCS

Administration of the Jersey Bank Depositors Compensation Scheme (JDCS) will transfer from the Jersey Bank Depositors Compensation Board to the Jersey Resolution and Depositors Compensation Authority (formerly the Jersey Resolution Authority) with effect from start of day on 1 April 2026. 

You are accordingly advised to refer to jrdca.org.je/jdcs  for further information.