Security of your deposits

“These new rules will benefit all European Union citizens: not only will their savings be better protected, but they will also have the choice of the best savings products available in any EU country without worrying about differences in the level of protection” - Michael Barnier, European Commissioner for internal market and services. Politico.eu 18.12.2013

€100,000

All savings products on Raisin are protected up to an equivalent of EUR 100,000 per depositor and bank according to EU laws.

€0

Since the introduction of the EU-wide harmonized regulation on deposit guarantee schemes, savers have not suffered any losses beyond the protection limit of EUR 100,000.

7 days

By 2024, the time limit for repayment by deposit guarantee funds will be shortened to 7 working days. A number of Member States have already implemented this regulation in June 2016.

0.8%

By 2024, all reserves held in each country’s deposit guarantee fund must equal at least 0.8% of all deposits covered. Some of our partner countries already fulfill this requirement.

100%

In the unlikely event of a situation requiring a compensation, we will fully support our customers within the framework of legal and practical possibilities.

Harmonized standards across the EU

The existence of a statutory deposit guarantee scheme reflects the political will within the European Union to protect savings in the event of a bank failure. As a result of recent changes, all deposit guarantee schemes have been harmonized, so that the same high standard is offered within the EU.

Throughout Europe, the minimum requirements for statutory deposit guarantee schemes were refined a number of years ago (EU Directive 1994/19/EC and 2009/14/EC).

The recent implementation of Directive 2014/49/EU has introduced further measures, which improve the level of protection offered to investors across the EU. Since July 2015, all EU Member States are gradually implementing these measures.

Details of the deposit guarantee schemes by country

Official title:
Einlagensicherung der Banken & Bankiers Gesellschaft m.b.H.
Address:
Wipplingerstr. 34/4/DG4, 1010 Wien, Austria
Telephone:
+43 (1) 533 98 03
Protection ceiling:
€100,000 per depositor and bank
Reserves held :
€0.432 billion
As of date:
December 31, 2020
Official title:
Fonds de Protection des Depots et des Instruments Financiers
Address:
Federale Overheidsdienst Financiën – Algemene Administratie van de Thesaurie | Kunstlaan 30, B-1040 Brussel, Belgium
Telephone:
+32 257 257 57
Protection ceiling:
€100,000 per depositor and bank
Reserves held :
€4.312 billion
As of date:
December 31, 2020

Deposits, including interest accrued, are legally protected by the Bulgarian Deposit Guarantee Scheme up to an amount of BGN 196,000 per depositor and bank. Compensation by the Deposit Guarantee Scheme is made in Bulgarian lev (BGN). In this respect, there is a currency risk since the exchange rate can fluctuate. Further information on deposit protection can be found at http://dif.bg/en.

Official title:
Bulgarian Deposit Insurance Fund (BDIF)

Website:
http://dif.bg/en

Address:
27 Vladayska Street, Sofia 1606, Bulgaria

Email:
contact@dif.bg

Telephone:
+359 2 953 1217, +359 2 953 1318

Protection ceiling:
BGN 196,000 per depositor and bank

Reserves held:
BGN 1.164 billion (€595 million)

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Deposits, including interest accrued, are legally protected by the Croatian Deposit Guarantee Scheme up to an amount of €100,000 per depositor and bank. Compensation by the Deposit Guarantee Scheme is made in Croatian kuna (HRK). In this respect, there is a currency risk since the exchange rate can fluctuate. Further information on deposit protection can be found at https://www.dab.hr/en/.

Official title:
Hrvatska agencija za osiguranje depozita (HAOD)

Website:
https://www.dab.hr/en/

Address:
Jurišićeva 1/II, 10000 Zagreb, Croatia

Email:
dab@dab.hr

Telephone:
+385 (1) 48 13 222

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
HRK 5.598 billion (€741 million)

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Deposit Guarantee and Resolution of Credit and Other Institutions Scheme (DGS)

Website:
https://www.centralbank.cy/en/deposit-guarantee-investors-compensation-schemes

Address:
Kennedy Avenue 80, 1076 CY Nicosia, Cyprus

Email:
cbcinfo@centralbank.cy

Telephone:
+357 22 71 41 00

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€78 million

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Deposits, including interest accrued, are legally protected by the Czech Deposit Guarantee Scheme up to an amount of €100,000 per depositor and bank. Compensation by the Deposit Guarantee Scheme is made in Czech koruna (CZK). In this respect, there is a currency risk since the exchange rate can fluctuate. Further information on deposit protection can be found at https://www.garancnisystem.cz/en/.

 

Official title:

Garanční Systém Finančního Trhu (GSFT)
Address:
Týn 639, 110 00 Prague 1, Czech Republic
Telephone:
+420 234 767 676
Protection ceiling:
€100,000 per depositor and bank
Reserves held :
CZK 35.512 billion (€1.340 billion)
As of date:
December 31, 2020

Deposits, including interest accrued, are legally protected by the Danish Deposit Guarantee Scheme up to an amount of €100,000 per depositor and bank. Compensation by the Deposit Guarantee Scheme is made in Danish krone (DDK). In this respect, there is a currency risk since the exchange rate can fluctuate. Further information on deposit protection can be found at https://www.fs.dk/finansiel-stabilitet-at-a-glance.

Official title:
Garantiformuen

Website:
https://www.fs.dk/finansiel-stabilitet-at-a-glance

Address:
Sankt Annæ Pl. 13, 1250 København, Denmark

Email:
mail@fs.dk

Telephone:
+45 70 27 87 47

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
DKK 8.900 billion (€1.197 billion)

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Tagatisfond

Website:
https://www.tf.ee/eng/

Address:
Sakala 4, 15030, Tallinn, Estonia

Email:
tf@tf.ee

Telephone:
+372 6680 583

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€254 million

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Talletussuojarahasto

Website:
https://rvv.fi/en/frontpage

Address:
Työpajankatu 13, P.O. Box 70, 00581, Helsinki, Finland

Email:
rahoitusvakausvirasto@rvv.fi

Telephone:
+358 295 253 500

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€1.272 billion

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Fonds de Garantie des Dépôts et de Résolution
Address:
65, rue de la Victoire – 75009 Paris – FRANCE
Telephone:
+33 1 58 18 38 08
Protection ceiling:
€100,000 per depositor and bank
Reserves held :
€5.083 billion
As of date:
December 31, 2020
Official title:
Entschädigungseinrichtung deutscher Banken GmbH (EdB).

Some banks are also members of a private deposit guarantee fund of the Association of German Banks (Bundesverband deutscher Banken – BdB).

The protection limit is higher for banks belonging to the deposit guarantee fund of the BdB (https://bankenverband.de/service/einlagensicherung).

Address:
Burgstraße 28, 10178 Berlin, Germany
Telephone:
+49 30 59 00 11 960
Protection ceiling:
€100,000 per depositor and bank
Reserves held :
€3.524 billion
As of date:
December 31, 2020

Official title:
Hellenic Deposit and Investment Guarantee Fund (TEKE)

Website:
http://www.teke.gr/

Address:
6 Amerikis Str-2nd Floor, Athens 10671, Greece

Email:
info@hdigf.gr

Telephone:
+302 103639 933

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€1.609 billion

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Deposits, including interest accrued, are legally protected by the Hungarian Deposit Guarantee Scheme up to an amount of €100,000 per depositor and bank. Compensation by the Deposit Guarantee Scheme is made in Hungarian forints (HUF). In this respect, there is a currency risk since the exchange rate can fluctuate. Further information on deposit protection can be found at https://www.oba.hu/en/.

Official title:
Országos Betétbiztosítási Alap (OBA)

Website:
https://www.oba.hu/en/

Address:
City Gate 1. Office Building, 6th Floor, Köztelek utca 6, 1092 Budapest, Hungary

Postal address: P.O. Box 270, 1476 Budapest, Hungary

Email:
info@oba.hu

Telephone:
+36 (1) 214 0661

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
HUF 80.490 billion (€220 million)

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Deposit Guarantee Scheme (DGS)

Website:
https://www.depositguarantee.ie/

Address:
New Wapping Street, North Wall Quay, Dublin 1, Ireland

Email:
info@depositguarantee.ie

Telephone:
+353 1890 777 777

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€562 million

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Fondo Interbancario di Tutela dei Depositi (FITD)

Website:
https://www.fitd.it/

Address:
Via del Plebiscito, 102, 00186, Rome, Italy

Email:
infofitd@fitd.it

Telephone:
+39 06-699861

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€1.516 billion

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Noguldījumu garantiju fonds (NGF)

Website:
https://www.fktk.lv/en/

Address:
Kungu iela 1, LV-1050, Riga, Latvia

Email:
fktk@fktk.lv

Telephone:
+ 371 6 7774800

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€122 million

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Valstybės įmonė “Indėlių ir investicijų draudimas”

Website:
https://www.iidraudimas.lt/en/

Address:
Algirdo str. 31, Vilnius, LT-03219, Lithuania

Email:
idf@idf.lt

Telephone:
+ 370 8 5 2135657

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€131 million

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Fonds de garantie des dépôts Luxembourg (FGDL)

Website:
https://www.fgdl.lu/en/

Address:
Headquarters: 283, route d’Arlon, L-1150 Luxembourg

Email:
info@fgdl.lu

Telephone:
+352 26 25 1-1

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€332 million

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Depositor Compensation Scheme
Address:
c/o Malta Financial Services Authority, Triq l-Imdina, Zone 1, Central Business District, Birkirkara, Malta
Telephone:
+356 2144 1155
Protection ceiling:
€100,000 per depositor and bank
Reserves held :
€0.135 billion
As of date:
December 31, 2020

Official title:
Nederlandse Depositogarantie

Website:
https://www.dnb.nl/en/sector-information/deposit-guarantee-scheme/deposit-guarantee-scheme/

Address:
Westeinde 1, 1017 ZN Amsterdam, the Netherlands

(temporary: Spaklerweg 4, 1096 BA Amsterdam, the Netherlands)

Email:
info@dnb.nl

Telephone:
+31 20 524 9111

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€2.197 billion

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Deposits, including interest accrued, are legally protected by the Norwegian Deposit Guarantee Scheme up to an amount of NOK 2,000,000 per depositor and bank. Compensation by the Deposit Guarantee Scheme is made in Norwegian krone (NOK).  In this respect, there is a currency risk since the exchange rate can fluctuate. Further information on deposit protection can be found at https://www.bankenessikringsfond.no/?lang=en_GB.

 

Official title:
Bankenes sikringsfond

Website:
https://www.bankenessikringsfond.no/?lang=en_GB

Address:
Dronning Mauds gate 10, Postboks 1213 Vika, N-0110 Oslo, Norway
Telephone:
+47 21 62 35 50
Protection ceiling:
NOK 2,000,000 per depositor and bank
Reserves held :
NOK 18.426 million (EUR 1.760 million)
As of date:
December 31, 2020

Deposits, including interest accrued, are legally protected by the Polish Deposit Guarantee Scheme up to an amount of €100,000 per depositor and bank. Compensation by the Deposit Guarantee Scheme is made in Polish złoty (PLN). In this respect, there is a currency risk since the exchange rate can fluctuate. Further information on deposit protection can be found at http://www.bfg.pl/en.

Official title:
Bankowy Fundusz Gwarancyjny (BFG)

Website:
http://www.bfg.pl/en

Address:
ul. ks. Ignacego Jana Skorupki 4, 00-546 Warsaw, Poland
Telephone:
+48 22 58 30 700
Protection ceiling:
€100,000 per depositor and bank
Reserves held :
€3.868 billion
As of date:
December 31, 2020
Official title:
Fundo de Garantia de Depósitos
Address:
Av. da República, 57 – 2º  –  1050-189 Lisboa Portugal
Telephone:
+351 21 313 01 99
Protection ceiling:
€100,000 per depositor and bank
Reserves held :
€1.674 billion
As of date:
December 31, 2020

Deposits, including interest accrued, are legally protected by the Romanian Deposit Guarantee Scheme up to an amount of € 100,000 per depositor and bank. Compensation by the Deposit Guarantee Scheme is made in Romanian leu (RON). In this respect, there is a currency risk since the exchange rate can fluctuate. Further information on deposit protection can be found at https://www.fgdb.ro/en/.

Official title:
Fondul de garantare a depozitelor bancare (FGDB)

Website:
https://www.fgdb.ro/en/

Address:
3 Negru Vodă St, A3 bldg, second floor, 030774 Bucharest, Romania

Email:
office@fgdb.ro

Telephone:
+40 0314 232 805

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
RON €6.557 billion (€1.347 billion)

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Fond ochrany vkladov

Website:
https://www.fovsr.sk/en/about-the-deposit-protection-fund/

Address:
Kapitulská 12, 812 47 Bratislava 1, Slovakia

Email:
fov@fovsr.sk

Telephone:
+421 2 5443 5444, +421 2 5443 2570

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€268 million

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Sklad za jamstvo vlog

Website:
https://www.bsi.si/en

Address:
Slovenska cesta 35,1000 Ljubljana, Slovenia

Email:
info.BS@bsi.si

Telephone:
+386 1 471 90 00

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€96 million

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Official title:
Fondo de Garantía de Depósitos de Entidades de Crédito (FGD)

Website:
https://www.fgd.es/en/

Address:
C/ José Ortega y Gasset, 22 – 4ª planta, 28006 Madrid, Spain

Email:
fogade@fgd.es

Telephone:
+34 91 431 66 45

Protection ceiling:
€100,000 per depositor and bank

Reserves held:
€4.190 billion

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data

Deposits, including interest accrued, are legally protected by the Swedish Deposit Guarantee Scheme up to an amount of SEK 1,050,000 per depositor and bank. Compensation by the Deposit Guarantee Scheme is made in Swedish krona (SEK). In this respect, there is a currency risk since the exchange rate can fluctuate. Further information on deposit protection can be found at https://www.riksgalden.se/en/.

Official title:
Riksgälden

Website:
https://www.riksgalden.se/en/

Address:
Olof Palmes gata 17, 111 22 Stockholm, Sweden

Postal address: SE-103 74 Stockholm, Sweden

Email:
riksgalden@riksgalden.se

Telephone:
+46 8 613 45 00

Protection ceiling:
SEK 1,050,000 per depositor per bank

Reserves held:
SEK 46.422 billion (€4.535 billion)

As of date:
December 31, 2020

Source:
https://www.eba.europa.eu/regulation-and-policy/recovery-and-resolution/deposit-guarantee-schemes-data