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: SCV Further Update.
The Jersey Bank Depositors Compensation Board (JBDCB) has provided a further update on the Single Customer View (SCV) project dated 11 January 2021. Please go to the Other Documents section of this website where all relevant updates can be found.