Yes (up to 100,000 EUR per depositor)
Deposit guarantee scheme is a financial stability mechanism
implemented in many countries to protect bank depositors against the loss of their deposits
in the case when a bank is unable to meet its obligations to depositors
by compensating certain deposits held by depositors of the bank.
This compensation is paid out from the contributions which banks have made
into a deposit guarantee fund.
Deposit Guarantee in VOLKSWAGEN BANK POLSKA S.A.
All credit institutions operating in Poland are obliged to participate
in Polish deposit guarantee scheme.
VOLKSWAGEN BANK POLSKA S.A. is a member of Bank Guarantee Fund (BGF) and makes its contributions into it. In the case of VOLKSWAGEN BANK POLSKA S.A. failure, eligible depositors having covered accounts
in this bank will be paid out the following compensation:
Maximum Protected Amount
Temporary High Balance
organisational units without separate legal personality
pension funds and pension companies
banks, credit unions, savings unions
term depositscurrent accountssavings accounts
deposits in all the accounts, e.g.
accounts with balances not exceeding 2,5 EUR
shares of credit unions and cooperative banks
PLN (Polish złoty)foreign currencies
all currencies, namely
Bank Guarantee Fund (BGF)
ul. ks. Ignacego Jana Skorupki 4, 00-546 Warsaw, Poland
+48 22 58 30 700
Banking Products in Poland
8 September 2015