Does the deposit guarantee also apply to my business accounts?

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Yes, both your private and business accounts are 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

The Dutch Deposit Guarantee protects the funds in your business accounts. If you want to determine how your business’ funds are protected, you first need to know its legal form.

Sole trader

Do you have a sole proprietorship without legal personality? Then the funds in your business accounts are added to the balances you hold in your private accounts. This means you are protected for a total up to €100,000 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 per bank.

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

Are you a part of a general partnership (VOF), limited partnership (CV) or a professional partnership (maatschap), without legal personality? Then the balance in the partnerships’ business accounts is protected up to €100,000 per bank per business partnership, separately from your private bank accounts.

Calculation example

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Do you have a business accounts
Suppose you are self-employed or a business owner (sole proprietorship) (eenmanszaak), with €90,000 in a business account and €20,000 in a private account with the same bank, the amounts in these accounts 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 the business will be covered for the €90,000 for the business account. If you are a part of a general partnership (VOF), limited partnership (CV) or a professional partnership (maatschap), these accounts are also considered separately. This means you will be compensated €20,000 for your private account, and the VOF, CV or maatschap will be covered for the €90,000 in the business account.

Do you have a business accounts

Suppose you are self-employed or a business owner (sole proprietorship) (eenmanszaak), with €90,000 in a business account and €20,000 in a private account with the same bank, the amounts in these accounts 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 the business will be covered for the €90,000 for the business account.

If you are a part of a general partnership (VOF), limited partnership (CV) or a professional partnership (maatschap), these accounts are also considered separately. This means you will be compensated €20,000 for your private account, and the VOF, CV or maatschap will be covered for the €90,000 in the business account.

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

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