The Dutch Deposit Guarantee covers everyone with one or more of the following products:
You’ll get back the total amount of your accounts, up to €100,000 per person, per bank. For example, if the total of your deposits at ING is €130,000, you’ll receive €100,000.
"}},{"componentType":"sectionTitle","title":"I have a joint account"},{"componentType":"paragraph","richBody":{"value":"If you have a joint current or savings account, the maximum protection is €200,000. Each account holder can get back a maximum of €100,000. Please note: If you have other accounts too, the maximum of €100,000 per person applies to the total of your account balances.
"}},{"componentType":"accordion","accordionList":[{"title":"Let’s use an example","richBody":{"value":"You and your partner have a joint account with a balance of €150,000. Your partner also has another account with a balance of €60,000. You can claim half of €150,000, which is €75,000. You’ll receive €75,000 under the Dutch Deposit Guarantee. Your partner will receive €100,000 of their total of €135,000 (€75,000 + €60,000) under the Dutch Deposit Guarantee.
"}}]},{"componentType":"accordion"},{"componentType":"sectionTitle","title":"Compensation"},{"componentType":"paragraph","richBody":{"value":"The Dutch central bank (DNB) will make an announcement on its website if the Dutch Deposit Guarantee is activated. It will also provide more information on how to claim compensation. You’ll receive your money within seven business days after you submit a claim.
"}},{"componentType":"paragraph","title":"Money in your business accounts","richBody":{"value":"Customers with a business account are also covered by the Dutch Deposit Guarantee. Find out more.
"}},{"componentType":"paragraph","title":"Money in your accounts at an ING bank in other countries","richBody":{"value":"If you hold ING accounts in one of the following countries, the money in all those accounts is added together and the maximum of €100,000 per person applies.
"}},{"componentType":"accordion","accordionList":[{"title":"List of countries covered by the ING Bank N.V. licence","richBody":{"value":"You have €60,000 in an ING Orange Savings Account at ING Bank N.V. in the Netherlands and €60,000 in an ING Current Account at ING Bank N.V. in Spain. Both banks are covered by the ING Bank N.V. licence, which means the Dutch Deposit Guarantee protects up to €100,000. No compensation is given for the remaining €20,000.
"}}]},{"componentType":"sectionTitle","title":"ING Groenbank merges into ING Bank"},{"componentType":"paragraph","richBody":{"value":"On 1 July 2024, ING Groenbank N.V. ceased to exist as a legal entity. ING Groenbank N.V. is now part of ING Bank N.V., which means all savings at ING Groenbank N.V. have been transferred to ING Bank N.V. All deposits transferred to ING Bank N.V. are protected by the Dutch Deposit Guarantee of ING Bank N.V. The Dutch Deposit Guarantee protects deposits at ING Bank N.V. up to €100,000. The tax aspects of the green savings deposit and the ING savings deposit terms and conditions stay the same if ING Groenbank ceases to exist as a legal entity. The only change is that ING Bank N.V. will be listed in the terms and conditions as the deposit manager.
Eligible deposits can be withdrawn free of charge (amounts over €100,000) up to 1 September 2024, if desired.
"}},{"componentType":"sectionTitle","title":"Additional protection in specific situations broadened as of 1 September 2024"},{"componentType":"paragraph","richBody":{"value":"Are you buying a home, or have you sold your home? Have you received a pension payment, incapacity for work benefit, severance pay, life insurance benefit or an inheritance? Do you expect to receive money due to the end of a marriage or registered partnership? Or have you received an insurance benefit or compensation for loss or damage because you were a victim of a crime or wrongful conviction? If a lot of money is deposited into your account for any of these reasons, it gets additional protection for six months after the amount is credited to your account. The additional protection in these specific situations is a maximum of €500,000. That’s on top of the regular €100,000 guarantee. More information about this additional protection can be found here.
"}},{"componentType":"sectionTitle","title":"Frequently asked questions"},{"componentType":"accordion","accordionList":[{"title":"I have a bank savings account for my mortgage (bank savings account for your own home). Is that covered by the deposit guarantee scheme?","richBody":{"value":"From 1 January 2014, tax-efficient blocked savings accounts for mortgage repayment (bank savings account for your own home) will be set off against the corresponding mortgage debt. One very common type is the savings-based mortgage, where you pay interest but don’t repay the loan in instalments. This includes saving a monthly sum that’s used, along with the interest, to pay off the mortgage on maturity. That’s known as a bank savings deposit for your own home.
If the deposit guarantee scheme is activated, the bank savings deposit for your own home will be set off against your mortgage. In most cases, your deposit will be less than your mortgage debt. This means that the balance of the bank savings deposit for your own home will decrease to €0. Only if your savings deposit exceeds your mortgage debt will the remainder be eligible for compensation under the deposit guarantee scheme, up to €100,000.
Whenever a savings deposit is held for buying or selling a property, there’s a temporary additional guarantee up to €500,000 for three months after you make your deposit. That comes on top of the regular €100,000 guarantee. See ing.nl/dgs for more information.
"}},{"title":"I have funds on deposit and a debt. Will they be set off against each other if I claim compensation under the deposit guarantee scheme?","richBody":{"value":"Basically, there’s no set-off between credit and debit products. However, credit balances on debit products are covered by the deposit guarantee scheme. Some examples are credit balances on credit cards, loans and mortgages from making extra payments, paying too much interest or repaying too much principal.
From 1 January 2014, tax-efficient blocked savings accounts for mortgage repayment (Spaarrekening Eigen Woning (SEW)) will be set off against the corresponding mortgage debt. One very common type is the savings-based mortgage, where you pay interest but don’t repay the loan in instalments. This includes saving a monthly sum that’s used, along with the interest, to pay off the mortgage on maturity. That’s known as a bank savings deposit for your own home.
If the deposit guarantee scheme is activated, the bank savings deposit for your own home will be set off against your mortgage. In most cases, your deposit will be less than your mortgage debt. This means that the balance of the bank savings deposit for your own home will decrease to €0. As an account holder, you cannot claim compensation for this deposit under the deposit guarantee scheme.
"}},{"title":"I’ve invested my deposit in shares or life insurance policies, pensions and annuities. Are those deposits covered by the deposit guarantee scheme?","richBody":{"value":"Check here to see what products are covered by the deposit guarantee scheme.
"}},{"title":"Is the interest that I’ve accrued covered by the deposit guarantee scheme?","richBody":{"value":"Yes, the deposit guarantee scheme covers interest – calculated from the date that the bank is unable to pay it.
"}},{"title":"What happens to my investment portfolio if I claim compensation under the deposit guarantee scheme?","richBody":{"value":"You’ll get back the balance on your investment account. The bonds and shares that can be traded on the stock exchange will remain in your possession.
"}}]},{"componentType":"linkList","iconTitle":{"title":"Downloads & information"},"textLinks":[{"url":"https://assets.ing.com/m/403dc06bc9590d14/original/Depositor-information-template_ING-Bank-NV.pdf","text":"Depositor information template ING Bank N.V. (PDF)"},{"url":"https://assets.ing.com/m/994ae1a1e1c62b8/original/ING_voorwaarden-en-overige-regelingen.pdf","text":"Terms and conditions and other regulations for personal account holders"}]},{"componentType":"linkList","iconTitle":{"title":"Saving"},"textLinks":[{"url":"/particulier/sparen/niet-meer-te-openen-spaarrekeningen/niet-actieve-spaarproducten","text":"Unavailable savings accounts"},{"url":"/particulier/sparen/meer-dan-sparen","text":"More than just saving"},{"url":"/particulier/sparen/renteberekening-op-je-spaarrekening","text":"Current savings rates"}]}]},"complementaryZone":{"flexComponents":[{"componentType":"cards","cards":[{"componentType":"serviceCard","cardType":"service","cardSize":"small","title":"Videos","intro":"View now for more info","image":{"transformBaseUrl":"https://assets.ing.com/transform/48eab105-9ca9-4a8b-97ad-0b212ddf329d/Devices-Video_Camera_Outline","type":"image","width":32,"altTextNL":"\"\"","original":"https://assets.ing.com/m/763b3de8fdd9e7cc/original/Devices-Video_Camera_Outline.svg","extension":"svg"},"link":{"url":"https://www.dnb.nl/betrouwbare-financiele-sector/nederlandse-depositogarantie/"},"linkText":"View now"}]}]}}}