Savings will often be deposited into a bank savings account where the funds will earn a nominal amount of interest and will be insured in most cases. In Thailand, savings bank and commercial bank are insured by the government. Savings accounts in countries other than the United States carry different terms that may even include different currency deposit options. Most major countries have their own versions of deposit insurance to protect the Savings accounts of the customers of financial institutions. Savings represent an important part of an individual’s, as well as a nation’s, basic assets.