We have a banking licence from the De Nederlandsche Bank (DNB). The Dutch Financial Supervision Act allows you to claim under the deposit guarantee and investor compensation schemes. Under these schemes, credit balances you hold with us are reimbursed up to a specified maximum if we cannot meet our financial obligations.
You are entitled to reimbursement under the deposit guarantee scheme if:
On 5 June 2023, Banque Neuflize OBC (NOBC) will be merged into its parent company ABN AMRO N.V. All NOBC business activities will be transferred to the ABN AMRO Bank N.V. Paris Branch. All rights and obligations arising from agreements with NOBC remain unaffected – as does the range of services NOBC offers to its clients.
In case you are a depositor at ABN AMRO Bank N.V. holding (a) deposit(s) at NOBC as well, please be informed that all of your deposits held at both ABN AMRO Bank N.V. and NOBC are covered by the Dutch Deposit Guarantee Scheme as per 5 June 2023. This means that your deposits at NOBC will no longer be covered by the French Deposit Guarantee Scheme and the total sum of both your deposits at ABN AMRO Bank N.V. and NOBC is protected up to EUR 100.000,-.
Until 5 July 2023, you have the right to withdraw or transfer your deposits to another credit institution than ABN AMRO Bank N.V. without incurring any penalty, including all accrued interest and benefits in so far as your deposit(s) exceed(s) EUR 100.000. Please refer to the Dutch central bank’s website for further information on the Dutch Deposit Guarantee Scheme.
On 10 October 2022, Bethmann Bank AG will be merged into its parent company ABN AMRO N.V. All Bethmann Bank AG business activities will be transferred to the ABN AMRO Bank N.V. Frankfurt Branch. All rights and obligations from agreements with Bethmann Bank AG remain unaffected – as does the range of services Bethmann Bank AG offers to its clients.
In case you are a depositor at ABN AMRO Bank N.V. holding (a) deposit(s) at Bethmann Bank AG as well, please be informed that all of your deposits held at both ABN AMRO Bank N.V. and Bethmann Bank AG are covered by the Dutch DGS as per 10 October 2022. This means that your deposits at Bethmann Bank AG will no longer be covered by the German DGS and the total sum of both your deposits at ABN AMRO Bank N.V. and Bethmann Bank AG is protected up to EUR 100.000,-.
You have the right to transfer your deposits, including any interest accrued, free of charge to a bank account at another credit institution by 9 December 2022.
You can find more information on the DNB website.
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.
Exception: guarantee for temporary high balances for sale/purchase of a house, if you have a credit balance relating directly to the purchase or sale of an owner-occupied property, a guarantee of up to € 500,000 will apply temporarily. This additional guarantee applies for three months from the date on which the amount was deposited.