Deposit guarantee for Dutch Caribbean enters into force
De Nederlandsche Bank is responsible for managing the deposit guarantee on Bonaire, Sint Eustatius and Saba. Other tasks for De Nederlandsche Bank in the Caribbean Netherlands include payment services and supervising financial undertakings in the Caribbean Netherlands.
The Deposit Guarantee Scheme for the Caribbean Netherlands is managed by De Nederlandsche Bank (DNB). The deposit guarantee is a free service that automatically protects the money of bank customers up to 10,000 USD should anything happen to a bank.
The deposit guarantee protects money placed by residents of the public entities Bonaire, Sint Eustatius and Saba with banks that are authorized by De Nederlandsche Bank to operate on those islands. A deposit is money in bank accounts like current accounts, savings accounts and time deposits. If a bank that is protected by the deposit guarantee fails, De Nederlandsche Bank will reimburse eligible bank customers up to the compensation limit.
There are two important rules to remember about the compensation limit of the deposit guarantee.
1. The limit applies to persons and companies, not accounts
2. The limit applies per authorized bank
More information
If you have any other questions about the deposit guarantee for the Caribbean Netherlands, or if you need more information, you can email or call the Information Desk of De Nederlandsche Bank (in Dutch or English). Consumers, banks and public institutions can use the contact details below to reach the Information Desk.
Website: www.cn.dnb.nl/en/deposit_guarantee
E-mail: info@dnb.nl
Factsheet (pdf)
The Information Desk is located in Amsterdam, The Netherlands. From the Caribbean Netherlands, please call +31 20 524 91 11 (international number). The Information Desk can be contacted on working days between 9.00 and 17.00 (Central European Time / Central European Summer Time).