Banking
Corporation for Deposit Insurance
Also called CODI
The Reserve Bank subsidiary that can cover qualifying depositors if a member bank is placed in resolution.
Cover is up to R100 000 per qualifying depositor per bank, on qualifying products. It is not per account. It does not cover unit trusts, RSA Retail Savings Bonds, shares or crypto.
Reviewed 29 October 2026. This is a plain-language note, not an official definition and not personal advice.