Europabank

Address  9000, Belgium, Gent, Burgstraat 170

Bank Identifiers 
    BIC (SWIFT)  EURBBE99
    MFI ID  BE0400028394
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)

Europabank is located at Belgium, Gent. It is one of 103 credit institutions operating in Belgium.

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

BIC  EURBBE99
Bank BIC Code  EURB
Country Code  BE (Belgium)
Location Code  99
Branch Code  -

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID  BE0400028394

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in Belgium are obliged to participate in Belgian deposit guarantee scheme.

In the case of Europabank failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  time deposit, sight and savings accounts
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information: Deposit Guarantee Scheme in Belgium

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  Yes
Exempt from MRR by ECB  No

Related Information on Belgium

Economy and Banking Sector of Belgium

List of Banks in Belgium