Maple Bank GmbH

In September 2015 German prosecutors searched offices and residences linked to Maple Bank in a probe of tax evasion and money-laundering connected to ividend-stripping trades. On February 12, 2016 BaFin announced that Maple Bank was no longer in a position to pay back all its customers' deposits, and that the deposit guarantee would start paying the compensations. Maple Bank GmbH operated as a branch of Maple Bank GmbH (Germany).

Bank Category
Branches of foreign banks

Maple Bank GmbH participates in deposit guarantee scheme of Germany. This scheme covers accounts up to 100 000 EUR per bank per depositor.

Maple Bank GmbH was located in S Gravenhage.

Address
Anna van Buerenplein 41, 2595 DA, s Gravenhage, Netherlands
MFI ID
NL566
Start Date
August 2015
Close Date
January 2017

Deposit Guarantee

Deposit Guarantee
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 the Netherlands participate in deposit guarantee schemes of their home countries. This means that Maple Bank GmbH participates in the deposit guarantee scheme of Germany.

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

Covered Accounts  all deposit accounts (deposits on current accounts and savings accounts, overnight money or time deposits, registered savings bonds, and similar)
Covered Currencies  EU currencies
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information

Bank Identifiers

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

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.

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 Maple Bank GmbH is shown in the table below.

MFI ID  NL566