From 1 January 2011 doubled the statutory deposit protection for bank customers from the current 50,000 to 100,000 euros then.
When customers make deposits with banks in Germany, such as current accounts, call money or time deposit accounts, these funds invested by the statutory deposit insurance protection. Currently, the protection limit is 50.000 €. This is, however, for the benefit of bank customers 31st Doubled in December 2010 and therefore EU-wide adjusted. From next year, investors can then 100,000 € Create, without fearing that the money is lost in a bankruptcy of the bank.
Especially of interest would be with the current day and time deposits offered by foreign banks. Thus, German investors in 2011 to create up to 100,000 € to the savings account of the Bank of Scotland to currently 2.20% pa and know their investment fully hedged. Also in the Estonian BIGBANK increases from 2011 the legal deposit insurance to 100,000 euros. Investors can then use the high fixed deposit interest rates of up to 4.20% pa use with even higher investment amounts. Full details on the above offers interested readers can find here:
http://www.tagesgeld.info/tagesgeld/bank-of-scotland/
http://www.tagesgeld.info/festgeld/bigbank/
However, in Germany there is the possibility that banks voluntarily join other backup systems, and thus to offer their customers a more comprehensive protection. Most of the German private banks, savings banks and cooperative banks are members of a voluntary system. Then, the deposits are secured in excess of the statutory safety limit.
For private money houses the deposits are then protected by the Federal Association of German Banks (BdB) equal to 30% of liable capital. Even with relatively small banks are the million-sums so that customers need not worry at all about their hard-saved money to make.
cooperative banks and savings banks and regional banks have their own fuse body through which the customer deposits are insured, without limit. The deposits with the respective subsidiaries are included in the coverage. Among other things, this also concerns the 1822direkt, the subsidiary of the Frankfurter Sparkasse, or the German Credit Bank (DKB), which is part of BayernLB.
A detailed overview of all security systems the interested reader will find here:
http://www.tagesgeld.info/ratgeber/einlagensicherung/
Source: ptext.de - Local press releases
0 comments:
Post a Comment