The following are not considered to be deposits eligible for the Fund guarantee :
- deposits from Member States of the Union, Central Administrations, Public Establishments and Local Authorities;
- foreign currency deposits;
- deposits from Credit Institutions, MFIs, and Investment Firms;
- deposits from insurance and reinsurance companies;
- negotiable debt securities;
- deposits from brokerage firms and collective investment organizations in transferable securities;
- deposits from pension organizations and pension funds;
- deposits from shareholders holding at least ten percent of the capital of the credit institution or DFS;
- deposits from members of the Board of Directors, managers and auditors of the credit institution or the SFD;
- subordinated deposits and loans;
- deposits from transactions for which a criminal conviction has been handed down against the depositor for a money laundering or terrorist financing offense;
- any other deposit previously declared as ineligible by the Board of Directors.