Deposit guarantee scheme
The money in Dutch bank accounts is legally protected by the Dutch Deposit Guarantee (the deposit guarantee scheme, DGS). If a bank goes bankrupt, De Nederlandsche Bank (DNB) will make sure that account holders get their money back, up to a maximum of €100,000 per person, per bank. Banks contribute to the Deposit Guarantee Fund (DGF), provide data to DNB for the execution of the DGS, and offer their customers information about the DGS. DNB has elaborated the DGS obligations for banks in policy rules, guidance and information. In doing so, DNB transposes into Dutch law the revised DGS Directive (2015). The following themes are covered:
The Dutch Deposit Guarantee and the Deposit Guarantee Fund
De Nederlandsche Bank (DNB) manages the Dutch Deposit Guarantee on behalf of the government. If the scheme is activated for a bank that has run into trouble, we distribute the compensation payments to the account holders. Together with the Deposit Guarantee Fund (DGF), DNB is responsible for the Dutch DGS. The DGF was established in 2015 as a separate legal entity. The DGF manages the financial resources and makes funds available for the DGS payments in a payout situation. DNB supports the DGF in performing its duties.
Information for costumers
Find out more about the Dutch Deposit Guarantee for customers.