SolarisBank Depositor Info English
SolarisBank Depositor Info English
de
Solarisbank AG
Cuvrystraße 53, 10997 Berlin, Germany
are protected by
Limit of protection EUR 100 000 per depositor per credit institution2
If you have more deposits at the same credit All your deposits at the same credit institution are ‘aggregated’ and
institution the total is subject to the limit of EUR 100 0002
If you have a joint account with other person(s) The limit of EUR 100 000 applies to each depositor separately3
(1) Your deposit is covered by a statutory Deposit Guarantee Scheme. If insolvency of your credit institution should occur, your
deposits would in any case be repaid up to EUR 100 000.
(2) If a deposit is unavailable because a credit institution is unable to meet its financial obligations, depositors are repaid by a Deposit
Guarantee Scheme. This repayment covers at maximum EUR 100 000 per credit institution. This means that all deposits at the
same credit institution are added up in order to determine the coverage level. If, for instance, a depositor holds a savings account
with EUR 90 000 and a current account with EUR 20 000, he or she will only be repaid EUR 100 000.
(3) In case of joint accounts, the limit of EUR 100 000 applies to each depositor.
Deposits in an account to which two or more persons are entitled as members of a business partnership, association or grouping
of a similar nature, without legal personality, are aggregated and treated as if made by a single depositor for the purpose of
calculating the limit of EUR 100 000.
In the cases listed in Section 8 (2) to (4) of the German Deposit Guarantee Act (Einlagensicherungsgesetz), deposits are protected
above EUR 100 000. More information can be obtained from the website of Entschädigungseinrichtung deutscher Banken GmbH
at www.edb-banken.de.
(4) The responsible Deposit Guarantee Scheme Entschädigungseinrichtung deutscher Banken GmbH will repay your deposits (up to
EUR 100 000) within 7 working days.
If you have not been repaid within this deadline, you should contact the Deposit Guarantee Scheme since the time to claim
reimbursement may be barred after a certain time limit. More information can be obtained from the website of
Entschädigungseinrichtung deutscher Banken GmbH at www.edb-banken.de.
(5) In general, all retail depositors and businesses are covered by Deposit Guarantee Schemes. Exceptions for certain deposits are
stated on the website of the responsible Deposit Guarantee Scheme. Your credit institution will also inform you on request
whether certain products are covered or not. If deposits are covered, the credit institution shall also confirm this on the statement
of account.