Timely and efficient reimbursements are critical for maintaining financial stability and depositor confidence. The International Association of Deposit Insurers (IADI) has issued policy recommendations aimed at improving access to and the quality of depositor information, and regarding the testing of reimbursement systems and processes. Additionally, it has outlined options for leveraging technology in reimbursement processes to help deposit insurers significantly reduce the time required to provide prompt and accurate reimbursements..

Key highlights include:

• Access to and Quality of Depositor Information: Recommendations for ensuring accurate, accessible, and secure depositor data to facilitate swift reimbursements.
• Testing Reimbursement Systems and Processes: Recommendations on regular simulations and testing to enhance reimbursement practices.
• Leveraging Technology in Reimbursement Processes: Options for innovative digital solutions that may accelerate reimbursement processes.

This paper offers actionable policy recommendations, real-world case studies, and future-focused strategies to strengthen deposit insurance systems globally.