1. Member States shall ensure that credit institutions make available to actual and intending depositors the information necessary for the identification of the depositguarantee scheme of which the institution and its branches are members within the Community or any alternative arrangement provided for in the second subparagraph of Article 3(1) or in Article 3(4). The depositors shall be informed of the provisions of the deposit-guarantee scheme or any alternative arrangement applicable, including the amount and scope of the cover offered by the deposit-guarantee scheme. When a deposit is not guaranteed by a deposit-guarantee scheme in accordance with Article 7(2), the credit institution shall inform the depositor accordingly. All information shall be made available in a readily comprehensible manner.
Information about the conditions for compensation and the formalities which must be completed to obtain compensation shall be given on request.
2. The information provided for in par