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gesetz-ueber-das-kreditwesen-kwg-data.pdf

Here are the key points summarized in English:

Key Points:

  1. Einlagensicherung: The deposit guarantee system protects deposits up to €100,000 per account holder.
  2. Calculation of guaranteed amount: All deposits held by an account holder at one or more branches of a credit institution under different brand names are added together to determine the maximum guaranteed amount.
  3. Obergrenze: The maximum guaranteed amount is €100,000 per account holder.
  4. Erstattung: Deposits will be reimbursed by the deposit guarantee system within 20 working days (until May 31st) or 7 working days (from June 1st).
  5. Gültigkeitszeitraum: The validity period for claims may expire after a certain time, so it is essential to contact the deposit guarantee system if you have not received reimbursement.
  6. Weitere Informationen: Additional information is available on the website of the deposit guarantee system and through your credit institution upon request.

Please note that this summary only highlights the main points and does not provide a detailed explanation of the deposit guarantee system or its rules.

Published: · Source: BUNDESBANK

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