The deposit guarantee scheme reimburses a maximum of € 100,000 per account holder per bank, regardless of how many accounts you hold. ABN AMRO Bank N.V. has a banking licence that covers the brand names ABN AMRO and ABN AMRO MeesPierson. To calculate the amount to be reimbursed under the deposit guarantee scheme, you therefore have to add up all your deposits held at these various parts of the bank. Your maximum reimbursement will be € 100,000 or the net value of your deposits should this amount be below this maximum.
It makes no difference how many accounts you hold with us. To calculate your total balance, add up the balances on all your accounts at our bank. If your total balances are below € 100,000 (say, for example, € 70,000), your maximum reimbursement will be € 70,000. Is the total more than € 100,000? You will then receive maximum reimbursement of € 100,000.
Example 1:
You have a number of savings accounts at ABN AMRO with a total balance of € 40,000. You also have a payment account at ABN AMRO with a balance of € 2,500. Under the Dutch deposit guarantee scheme you will be eligible for maximum reimbursement of € 42,500.
Your total balance under the ABN AMRO license is € 42,500 and is therefore fully covered by the Dutch deposit guarantee scheme.
Example 2:
You have 2 savings accounts at ABN AMRO with a total balance of € 95,000. You also have a payment account at ABN AMRO with a balance of € 7,000. Under the Dutch deposit guarantee scheme you will be eligible for maximum reimbursement of € 100,000.
Your total balance under the ABN AMRO license is € 102,000 and is therefore not fully covered by the Dutch deposit guarantee scheme.
Example 3:
You have a number of savings accounts at ABN AMRO with a total balance of € 25,000 and a Private Banking savings account at ABN AMRO MeesPierson with a balance of € 120,000. You also have a payment account at ABN AMRO MeesPierson with a balance of € 7,000. Under the Dutch deposit guarantee scheme you will be eligible for maximum reimbursement of € 100,000.
Your total balance under the ABN AMRO license is € 152,000 and is therefore not fully covered by the Dutch deposit guarantee scheme.