Can you insure your bank account? i.e have all your money recompensated by the insurance company incase of bank failure.

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Can you insure your bank account? i.e have all your money recompensated by the insurance company incase of bank failure.

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Thank you everyone for your replies. Very helpful! I didn’t know any of this. So my countries of interest for this question were Uganda, Hungary and England. England is off since @kirstemis talked about the case for the uk.(thank you). Now just Uganda and Hungary. Im going to look into it for those two now that i know what to look for but if anyone already knows feel free to help tell me.

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