4.

Member States shall ensure that repayments are made in any of the following: the currency of the Member State where the DGS is located; the currency of the Member State where the account holder is resident; euro; the currency of the account; the currency of the Member State where the account is located. Depositors shall be informed of the currency of repayment. If accounts were maintained in a currency different from that of the payout, the exchange rate used shall be that of the date on which the relevant administrative authority makes a determination as referred to in point (8)(a) of Article 2(1) or when a judicial authority makes a ruling as referred to in point (8)(b) of Article 2(1).

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.