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SolarisBank Depositor Info English

SolarisBank Depositor Info

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0% found this document useful (0 votes)
101 views

SolarisBank Depositor Info English

SolarisBank Depositor Info

Uploaded by

xplixmin
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Solarisbank.

de

Depositor Information Sheet


With this ”Depositor Information Sheet“, we would like to inform you – pursuant to Section 23a (1) of the German
Banking Act (Kreditwesengesetz) – about the statutory Deposit Guarantee Scheme.

Deposits at the Entschädigungseinrichtung deutscher Banken GmbH1

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

Reimbursement period in case of credit institution’s 7 working days4


failure

Currency of reimbursement Euro

Contact Entschädigungseinrichtung deutscher Banken GmbH, Burgstraße


28, 10178 Berlin, Germany

Mailing address: Postfach 11 04 48, 10834 Berlin, Germany

Telephone: +49 (0)30 59 00 11 960, E-mail: [email protected]

More information www.edb-banken.de5

(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.

Version 1.2.1 | Effective: 19.04.2021 1


Solarisbank.de

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.

Version 1.2.1 | Effective: 19.04.2021 2

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