Deposit Insurance [top] - Nequi

Fogafín’s insurance is designed to protect against —meaning if Bancolombia goes bankrupt and cannot return your money, Fogafín will step in to pay you up to the insured limit. This scenario is extremely rare for a large, systemically important bank like Bancolombia, but the guarantee exists.

The specifics of Nequi deposit insurance can vary, but generally, it operates as follows: nequi deposit insurance

Nequi deposit insurance refers to the protection mechanism established to safeguard the deposits made by users into their Nequi accounts. This insurance is designed to ensure that in the unlikely event of Nequi facing financial difficulties or insolvency, users' deposits are protected up to a certain amount. The goal is to maintain confidence in the financial system and prevent a run on the bank or, in this case, the digital wallet. This insurance is designed to ensure that in

While the deposits themselves are insured against institutional failure, several key exclusions apply: in this case