Yes. All deposits in Serbian banks are government insured. Any client is guaranteed a payment of up to 50,000 EUR even if the bank collapses. In practice, most banks are parts of well capitalised international groups that would be sure to bail out their foreign subsidiaries in the case of any trouble. The others are often implicitly in the “too big to fail” category – for example the massive Postal Savings Bank is majority owned by the Serbian government and has been in business for over a hundred years. Serbia has a strong economy so we don’t believe the risk of bank failure is something our clients need to worry about.