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Who is not covered by the deposit guarantee scheme?

The following are not eligible to claim compensation under the deposit guarantee scheme –

  • Financial institutions such as:
    • banks,
    • investment firms,
    • insurance and reinsurance companies,
    • collective investment schemes and their management companies, 
    • Undertakings for collective investment transferable securities (UCITs) 
    • pension funds.
  • Government bodies

The website of De Nederlandsche Bank provides a complete list of who is entitled to compensation and the legal entities and natural persons excluded from cover under the DGS www.dnb.nl go to ‘English’ section and search for ‘Deposit Guarantee Scheme’.

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