Deposit Protection

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).

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Works great with... Savings Account

With Deposit Protection, your funds in the Savings Account are not only growing but are also insured up to a certain limit, ensuring both growth and safety of your savings.

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