Deposit guarantee scheme against bankruptcy
Small businesses in the Netherlands whose bank has gone bankrupt, are covered by the deposit guarantee scheme run by the Dutch Central Bank (De Nederlandsche Bank, DNB). The guaranteed amount is €100,000. You must satisfy several conditions to be able to use the scheme including:
- Your money is deposited with a bank that is registered in the Netherlands and has a licence from DNB.
- Your money is deposited in current accounts, ordinary savings accounts or special savings accounts (e.g. time deposits).
- Your money is not covered (whether in full or in part) by a foreign deposit guarantee scheme.
You can check in DNB’s register if your bank is covered by this scheme. Not all financial products are covered by this scheme. Please contact your bank to make sure your specific financial product is covered.