What does it mean? In Kazakhstan, citizens' deposits are protected, that is, if a bank loses its license to conduct all banking operations, the state guarantees the safety of funds by paying compensation to depositors on deposits. It is worth noting that the amount of compensation is limited. Depositors of the bank must apply within a year to receive payments at the expense of the CFGD. However, there are cases when depositors do not apply for compensation on time. In such cases, the amount of compensation will be transferred to the NPF to the depositor's pension account according to the DPV accounting. If the recipient of the payment does not have a pension account for the accounting of the DPV in the UAPF, the account will open automatically upon receipt of the first installment. If there is a pension account, the funds will be credited to this account. At the same time, the depositor can apply to the KFGD for a refund of the refund amount from the UAPF. If there are no funds left on the IPS after the refund, the account will be closed automatically after one month