Compensation of deposits
- The state guarantees that 100% of the deposit is compensated, but no more than 100 000 euros per depositor in any one bank.
- A settlement account is also considered a deposit pursuant to the Guarantee Fund Act.
- In addition, the sales proceeds of residential real estate of a natural person are guaranteed up to 70,000 euros within 6 months as of the sales transaction.
If a deposit is subject to compensation pursuant to the Guarantee Fund Act, then this is noted on the deposit statement.
Further information can be found on the homepage of the Guarantee Fund.