In the event of banks and cooperative savings and credit unions, the BFG guarantee does not cover funds deposited by:
- the State Treasury,
- Narodowy Bank Polski (National Bank of Poland),
- banks, foreign banks and credit institutions within the meaning of the Act – Banking Law
- cooperative savings and credit unions and the National Association of Cooperative Savings and Credit Unions,
- the Bank Guarantee Fund,
- financial institutions within the meaning of Regulation 575/2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012,
- investment firms within the meaning of Regulation 575/2013 and ‧recognised third-country investment firms referred to in Article 4 paragraph 1 point 25 of the said Regulation,
- persons and bodies unidentified by a bank or a cooperative savings and credit union, as the case may be,
- domestic and foreign insurance undertakings, as well as domestic and foreign insurance and reinsurance undertakings referred to in the Act on the Business of Insurance and Reinsurance,
- investment funds, investment fund companies, foreign funds, managing companies and branches of investment companies referred to in the Act on Investment Funds and Management of Alternative Investment Funds,
- open pension funds, employee pension funds, general pension societies and employee pension societies referred to in the Act on the Organisation and Operation of Pension Funds
- local government units,
- public authorities of any other Member State or of a third country, in particular, central governments, regional and local government units of these countries.
