Fact Checking

Last verified: September 2026 · Sources: Source Policy

Last reviewed: September 2026

1. What this page covers

This page describes the verification process, not the sourcing standard. Which authorities we accept is set out in the source policy. Here we describe what happens between "a source has been found" and "the page is published".

2. Who checks the figures

Verification is a separate step from writing, and it is done by a human. No page carrying a regulatory figure, a protection limit or a rate is published on the strength of the writing alone.

Verification is carried out by Mohamed Elnhas, the site's founder and editor, who is also the named author of every guide. What matters for this page is narrower: the checking step exists, it is performed by a named person, and it is recorded on the page.

3. The verification sequence

1. 1
   Identify every checkable claimNumbers, regulator names, statutory limits, eligibility rules, procedural steps and dates are all treated as claims. Anything a reader might act on is a claim.
2. 2
   Locate the primary source for each oneNot a summary of the rule. The rule itself, or the regulator's own publication of it.
3. 3
   Confirm the claim matches the sourceIncluding scope. A limit described as per depositor is a different claim from the same figure described as per account, and getting that wrong is the most common failure in this niche.
4. 4
   Check the source is currentConfirm the document has not been superseded. A repealed rule is still readable, which is exactly what makes it dangerous.
5. 5
   Test the linkOfficial URLs move when agencies reorganise. A link to a regulator must resolve to the page it claims to.
6. 6
   Record the verification dateThe page carries the date the check was performed, so staleness is visible rather than implied.
7. 7
   Remove anything unconfirmedIf a claim cannot be confirmed from a rank 1–4 source, it is deleted — not hedged, not attributed vaguely, not kept because it is probably right.

4. What gets checked every time

Claim type	What we confirm
Deposit protection limit	The figure, the scheme, and the exact scope — per depositor, per institution, per ownership category
Regulator name and jurisdiction	Correct body, correct spelling, and that it still supervises the institution type described
Licensing status	Whether the charter described is federal or state, national or provincial — and what follows from that
Statutory limit or cap	The figure and which statute sets it
Account opening requirements	The specific document or identifier required, not a general description
Fee figures	Against the institution's own published schedule
Complaint procedure	The correct body for that institution type, and the current route
Indicative interest rates	Confirmed as indicative, dated, and never presented as an offer

5. Calculator verification

The calculators are verified differently, because their correctness is mathematical rather than factual. Three checks are applied:

• Formula check. The implementation is compared against the published formula on the methodology page. If the two disagree, the page is wrong.
• Independent check. Results are compared against an independent implementation — a spreadsheet constructed from the same formula — across a spread of inputs including edge cases.
• Edge case check. Zero interest rate, a single payment period, a term of one month, and very large principal values are all tested, because these are where implementations break.

The methodology page also states what the models do not do. That list is part of the verification: a calculator that silently ignores variable rates is correct within its stated scope, and misleading outside it.

6. Re-verification schedule

Verification is not a one-time event. Figures go stale, and a page that was accurate on publication becomes wrong without being edited. Review is triggered by content type:

Content type	Review interval
Deposit protection limits	Annual, or on any scheme reform
Regulator contact and procedure	Annual
Account opening requirements	Annual, or on reported change
Bank fee figures	Annual
Indicative interest rates	Quarterly
Calculator formulas	On any change to the published methodology
General explanation, no figures	Every two years

A reader report of an out-of-date figure takes priority over the schedule. If something is wrong, we would rather hear it today than at the next review.

7. Corrections and the record

When a factual error is confirmed, the page is corrected and the verification date is updated. Material corrections — a wrong figure, a wrong regulator, a wrong scope — are noted rather than changed silently, so a reader who relied on the earlier version can see that it moved.

Stylistic edits, added links and rewritten sentences do not change the verification date. Only a genuine re-check does.

8. What we will not do

• We will not publish a figure because a competitor publishes it.
• We will not present a language model's output as a verified source.
• We will not keep a claim we cannot confirm on the grounds that it is probably correct.
• We will not soften an unverifiable claim into a vague one in order to keep it on the page.
• We will not let a commercial relationship change a verification outcome.

9. Report an error

If a figure on this site is wrong, or a source link is dead, tell us. Include the page and what you believe the correct position to be. Email contact@ainextgrowth.com.

See also: Source Policy · Editorial Policy · Methodology · About