Role 
Deposit Protection Agency is a government organization established in B.E. 2551 under the Deposit Protection Agency Act B.E. 2551 in order to provide protection for depositors of Financial Institutions, especially small depositors, the majority of depositors, who may not have access to sufficient financial information. In case a particular insured financial institution fails, reimbursement shall be made to insured depositors under the stipulated amount of coverage within a certain period of time. Deposits exceeding the coverage amount shall be claimed from the liquidation process.
 

Main Responsibility

1. To provide protection for depositors. Reimbursement shall be made to insured depositors within a certain period of time when a particular financial institution fails.
2. To remit premium from insured financial institutions into Deposit Protection Fund, in order to make reimbursement to insured depositors under the stipulated amount of coverage within a certain period of time when a particular financial institution fails. 
3. To proceed with liquidation process and to make reimbursement to insured depositors in case the deposits exceed the amount of coverage.
 

Benefits of Deposit Protection System

1. Benefits for depositors: Deposits placed in insured financial institutions are automatically protected according to this Act. Depositors shall neither hold concerns nor partake in any process pertinent to insured deposits when an insured financial institution’s license is revoked. Reimbursement shall be made within a certain period of time. Access to financial information shall also be encouraged. 
2. Benefits for financial system: Financial institutions shall be strengthened. Business competition shall be enabled in accordance with market mechanism, resulting in appropriate cost of capital. 
3. Benefits for the government sector: Taxpayers’ money remains unburdened in case of reimbursement.