Thanks to our banking licence, your deposits are automatically covered by the Dutch Deposit Guarantee Scheme (DGS).
How does it work?
Your account security is our no. 1 priority. That’s why, once your ID is verified, deposits on your bunq account are automatically protected up to €100,000 by the Dutch Deposit Guarantee Scheme (DGS).
Verifying your ID
- From the Profile tab, tap on Settings > Personal Information, then choose Make sure you’re secure.
- Then just follow the flow 🏄