Bank account was forced to close because of a company's bankruptcy

Panicking is the first thing that came to my mind when a note was delivered to me saying tbat my bank account was forced to be closed because the bank that is handling it was bankrupted. Questions such as will I be able to recover my money and if the money I saved was able to gain interest. What am i going to do if I wasn't able to take my money back?

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    There is nothing to worry since although the bank faced bankruptcy, There is a certain department that will just collect all the money but will still settle the debts left. This department is responsible for keeping the money and they also make sure that no money saved will be lost. Although the bank faced bankruptcy, that does not mean that the money saved will also be lost.

    2020.03.24 15:44

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