Banque Générale du Luxembourg (BGL) was founded in 1919 as a regional bank. Since 2009, BGL bank is a member of BNP Paribas group and offers products and services in the areas of retail banking, wealth management, corporate and investment banking to individuals and professionals, business entities and institutional investors. BGL BNP Paribas S.A. Zweigniederlassung Deutschland operates as a branch of BGL BNP Paribas (Luxembourg).
BGL BNP Paribas S.A. Zweigniederlassung Deutschland participates in deposit guarantee scheme of Luxembourg. This scheme covers accounts up to 100 000 EUR per bank per depositor.
BGL BNP Paribas S.A. Zweigniederlassung Deutschland is located in Trier.
|Yes (up to 100 000 EUR per depositor)|
Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.
All branches of EEA-banks operating in Germany participate in deposit guarantee schemes of their home countries. This means that BGL BNP Paribas S.A. Zweigniederlassung Deutschland participates in the deposit guarantee scheme of Luxembourg.
In the case of BGL BNP Paribas S.A. Zweigniederlassung Deutschland failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:
|Eligible Depositors||natural persons, small businesses with headquarters in EU|
|Covered Accounts||all cash deposits|
|Maximum Protected Amount||100 000 EUR|
|Paid In Currency||EUR|
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.
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.
MFI ID of BGL BNP Paribas S.A. Zweigniederlassung Deutschland is shown in the table below.