The flatexDEGIRO Bank Dutch Branch, which operates under the name DEGIRO, is the Dutch branch of flatexDEGIRO Bank AG. flatexDEGIRO Bank AG is primarily supervised by the German Federal Financial Supervisory Authority (BaFin).
In the Netherlands, flatexDEGIRO Bank Dutch Branch is subject to integrity monitoring by DNB and supervision by the AFM.
The bank is assigned to the Entschädigungseinrichtung deutscher Banken GmbH (EdB).
The compensation scheme protects all deposits that are to be shown in the balance sheet item "Liabilities to customers". These include demand, time and savings deposits, including registered savings bonds. These deposits are fully covered up to a total of € 100,000 per depositor.
Deposits are also liabilities from securities transactions, provided that the bank's obligation relates to providing the customers with possession or ownership of funds.
For the claim for surrender of securities, the compensation claim is limited to 90% of the liabilities and the equivalent value of a maximum of 20,000 euros.
Securities (shares, bonds, funds or certificates) are not deposits. Rather, they are the property of the customer and are only held in custody for him by flatexDEGIRO Bank and are therefore not at risk even in the event of insolvency.