Is my money protected?

If you answer "yes" to all three questions, you can be almost certain that your money, or that of your company, is protected up to $10,000 per person or company, per bank, subject to a few exceptions.Please refer to the fact sheet.

If you answer "no" to one or more questions, your money, or that of your company, is most likely not protected under the deposit guarantee.

1. Is your money, or that of your company, placed in an account with a bank in Bonaire, Sint Eustatius or Saba covered by the deposit guarantee for the Caribbean Netherlands?

The banks covered by the deposit guarantee are listed on the page Which banks? A bank account is an account such as a payment account, a savings account or a time deposit. 

2. Are you, or is your company, formally registered as the owner of the account(s) in which the money is placed?

The $10,000 maximum protection applies per person or company, per bank. This maximum therefore applies to the combined amount for all accounts that you, or your company, has with one bank. In the case of a joint account, the maximum applies per person. Check out our brochure and factsheet for sample calculations. 

Sometimes someone holds a bank account on behalf of another person. This is called an escrow account. If such an escrow account meets a number of criteria, the other person’s or company’s account is protected by the deposit guarantee. Please refer to the fact sheet.  

3. Are you a resident with a sedula of Bonaire, Sint Eustatius or Saba, or is your company registered in Bonaire, Sint Eustatius or Saba?

If you are a resident of Bonaire, Sint Eustatius or Saba, which means you have a sedula, you will most likely be covered by the deposit guarantee scheme, The deposit guarantee does not apply to certain account holders. Please refer to the fact sheet.