Your money is protected by the Dutch deposit guarantee scheme

When you deposit money with BNG Bank N.V., your deposits (from 1 eurocent up to a limit of 100,000 euros) are protected by law under the Dutch deposit guarantee scheme. This protection and the limit of 100,000 euros applies per person and to the total amount of your money in accounts with BNG Bank N.V. You do not have to take any action to be covered by this scheme.

How does it work?

If a bank collapses, the deposit guarantee scheme ensures that you will have access to your money again within seven days. Your money is protected automatically. The Dutch deposit guarantee scheme is administered by De Nederlandsche Bank on behalf of the Dutch government. For more information on the Dutch deposit guarantee scheme, go to https://www.dnb.nl/en/reliable-financial-sector/dutch-deposit-guarantee/

What is protected?

The deposit guarantee scheme protects your money in accounts with a bank, such as in your current account, savings account or term deposit account. The scheme does not protect any investments in bonds, shares or cryptocurrencies (crypto).

Who is protected?

The Dutch deposit guarantee scheme automatically protects the money of all private individuals and nearly all businesses and organisations. The only exceptions to this are government organisations and financial enterprises.

Up to what amount?

The Dutch deposit guarantee scheme protects your deposits with BNG Bank N.V. from 1 eurocent up to a limit of 100,000 euros. This limit applies per person and to the total amount of your money in accounts with BNG Bank N.V.

For businesses, the amount that is protected depends on their legal form. If a business has legal personality, such as in the case of a private limited company (BV), it is independently protected under the scheme up to the limit of 100,000 euros. If a business does not have legal personality, such as in the case of a sole trader, the money in the owner’s business account must be added up to the money in their private accounts to calculate the amount that is protected. There are sample calculations available that can help you determine up to what amount your money is protected by the scheme. Go to https://www.dnb.nl/en/reliable-financial-sector/dutch-deposit-guarantee/up-to-what-amount-is-my-money-protected/

Want to know more about the Dutch deposit guarantee scheme?

We would be happy to answer any questions you may have about the protection of your money under the Dutch deposit guarantee scheme. Please email your questions to our customer service department at info@bngbank.nl.

On our website, you can find a fact sheet with detailed information about the deposit guarantee scheme and the protection of your money with BNG Bank N.V.:

Fact sheet (PDF, 61 kB)

For more information on the Dutch deposit guarantee scheme, go to https://www.dnb.nl/en/reliable-financial-sector/dutch-deposit-guarantee/