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, ABN AMRO MeesPierson and MoneYou. 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 various accounts at ABN AMRO with a total balance of € 90,000, as well as an account at MoneYou with a balance of € 7,000. Under the deposit guarantee scheme you will be eligible for reimbursement of € 97,000.
Example 2:
You have various accounts at ABN AMRO with a total balance of € 95,000, as well as an account at MoneYou with a balance of € 12,000. Under the deposit guarantee scheme you will be eligible for maximum reimbursement of € 100,000.
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.