Does the deposit guarantee also apply to my business accounts?

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Yes, your private and business accounts are both protected up to €100,000. If you are running a business, the maximum protection depends on the legal form of your business.

Funds held in business accounts are protected

Are you a sole trader or self-employed business owner? The Dutch Deposit Guarantee also protects the funds in your business accounts. If you want to determine how your business’ money is protected, you first need to know what its legal form is.

Sole trader

If you own a one-person business without legal personality, then the funds in your business accounts are added to the balances you hold in your private accounts. This means your protection totals €100,000 per person, per bank.

Private limited liability company (BV)

Is your company a private limited company under Dutch law (BV)? As a BV is a legal entity, its funds are protected separately from your private bank accounts up to €100,000.

How does the protection work for VOF, CV and partnership?

Joint ventures without legal personality: Are you a part of a VOF, CV or a Partnership without legal personality? As per the amendment that entered into effect on 1 April 2025, the funds held in the business account of your joint venture will be protected up to €100,000 per bank and per each joint business venture. This means that, from 1 April 2025, your VOF, CV or partnership without legal personality will be considered as a separate deposit holder. Prior to this date, the law did not offer a separate deposit guarantee for your joint venture, but all members of the joint venture without legal personality enjoyed a separate and individual guarantee per bank. Due to this amendment, your situation regarding the protection of your funds under the Dutch Deposit Guarantee may change. The total protection you enjoy could now be higher or lower depending on your personal circumstances. Please see the sample calculation examples for some examples.

Calculation example

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Do you have a business accounts
Suppose you are a self-employed business owner with €90,000 in a business account and €20,000 in a private account with the same bank. Then the amounts are added together. Of the total amount of €110,000 you will be covered for €100,000. If your company is a BV, however, the two accounts are considered separately. This means you will be compensated €20,000 for your private account. and your business will be covered for the €90,000 in the business account. 1. You are a member of a joint venture without legal personality with multiple partners. The joint venture without legal personality has a bank account with a balance lower than €100,000. The amendment will not affect your situation and the full balance of such joint venture is guaranteed. 2. You or some partners in your joint venture without legal personality hold a private account at the same bank. The amendment could imply that from now on you will enjoy more protection, because the protection for such joint venture is separate from the protection you enjoy as a private individual. 3. You and a partner have a partnership without legal personality (in Dutch: VOF) that has a bank account with a balance of €200,000. Prior to 1 April 2025, this amount was fully protected (up to €100,000 for each individual). However, since the amendment came into full effect, this amount will only be legally protected up to €100,000. 4. Next to the partnership without legal personality (VOF), which was mentioned in the previous example, your business partner and yourself each hold a private account with a balance €50,000 at the same bank. Before the amendment of 1 April 2025, this amount was fully protected under the Deposit Guarantee up to €100,000 per person. This means, that with a balance of €50,000 VOF only had additional protection of €100,000 (as there was €50,000 per partner left). This meant of the €200,000 balance in the VOF bank account, €100,000 was not protected. After the amendment, the total guaranteed protection of funds will remain the same: the protection of €50,000 for each private account and an additional €100,000 for the business account.

Do you have a business accounts

Suppose you are a self-employed business owner with €90,000 in a business account and €20,000 in a private account with the same bank. Then the amounts are added together. Of the total amount of €110,000 you will be covered for €100,000.

If your company is a BV, however, the two accounts are considered separately. This means you will be compensated €20,000 for your private account. and your business will be covered for the €90,000 in the business account.

1. You are a member of a joint venture without legal personality with multiple partners. The joint venture without legal personality has a bank account with a balance lower than €100,000. The amendment will not affect your situation and the full balance of such joint venture is guaranteed.

2. You or some partners in your joint venture without legal personality hold a private account at the same bank. The amendment could imply that from now on you will enjoy more protection, because the protection for such joint venture is separate from the protection you enjoy as a private individual.

3. You and a partner have a partnership without legal personality (in Dutch: VOF) that has a bank account with a balance of €200,000. Prior to 1 April 2025, this amount was fully protected (up to €100,000 for each individual). However, since the amendment came into full effect, this amount will only be legally protected up to €100,000.

4. Next to the partnership without legal personality (VOF), which was mentioned in the previous example, your business partner and yourself each hold a private account with a balance €50,000 at the same bank. Before the amendment of 1 April 2025, this amount was fully protected under the Deposit Guarantee up to €100,000 per person. This means, that with a balance of €50,000 VOF only had additional protection of €100,000 (as there was €50,000 per partner left). This meant of the €200,000 balance in the VOF bank account, €100,000 was not protected. After the amendment, the total guaranteed protection of funds will remain the same: the protection of €50,000 for each private account and an additional €100,000 for the business account.

Find out which firms and organisations are protected by the deposit guarantee

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