ACCESS NL > Relocating to the Netherlands > Banking in the Netherlands > What happens with my money if my bank goes bankrupt?

Banking in the Netherlands

What is the currency in the Netherlands?

Can you explain the numbering conventions used in the Netherlands?

How can I open a bank account?

What are the requirements to open up a bank account?

What are the accounts and services offered by banks?

How does a current account operate?

How do I use my bank PIN card?

What if I want to use my PIN card abroad?

What happens with my money if my bank goes bankrupt?

If your bank goes bankrupt or runs into trouble, you will not lose all your money. This is because there is a guarantee system in place to help account holders: the Deposit Guarantee Scheme .

All banks holding a banking authorisation granted by De Nederlandsche Bank (DNB) are covered by the Deposit Guarantee Scheme.  Your money is safe with a maximum of €100,000.  In general this only applies to your current account and your savings account. Investments are usually not covered. Please contact your bank for more information which accounts are covered.

If your bank has its main office in another country, the rules of that country apply when it comes to a Deposit Guarantee Scheme.  It is important to check if your bank has a Dutch licence or a licence from another country.  You can find an overview of all banks covered by the Dutch Deposit Guarantee Scheme on https://www.dnb.nl/en/supervision/public-register/WFTDG/index.jsp

What is iDeal?

Can I pay in a shop by using my mobile phone?

What is PSD2?

How to exchange foreign money in the Netherlands?

What is an acceptgiro?

Can I directly invest money in the stock exchange?

What types of loans are available?

Are credit cards issued by banks to all customers?

How easy is it to pay using my credit card in the Netherlands?

How can I access my bank details using mobile devices?

What if I have lost my bank card or had it stolen?

What is a contactless payment?

What is IBAN?

Are contactless payments secure?