Interest bearing deposits of individuals held at GIG Coop Bank Ltd are covered in case of a bank failure under the Codi Scheme. This amount is capped at a maximum of R100 000 per person, per financial institution. For more detailed information, please visit the South African Reserve Bank webpage here.

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Please note that our LLS product is an equity based product and not covered under the Codi scheme. All our interest bearing deposits are however covered under the Codi scheme.

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