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 Bank Gutmann AG
All credit institutions operating in Austria are obliged to participate
in Austrian deposit guarantee scheme.
Bank Gutmann AG is a member of Einlagensicherung AUSTRIA Ges.m.b.H (ESA) and makes its contributions into it. In the case of Bank Gutmann AG failure, eligible depositors having covered accounts
in this bank will be paid out the following compensation:
Maximum Protected Amount
Temporary High Balance
Austrian citizensforeign citizens
legal entities, for example
joint-stock companieslimited liability companiesgeneral partnershipslimited partnershipsregistered associationsetc.
current accountspension accountssavings accountssavings booksfixed-term deposits
all balances on interest-bearing and non-interest bearing accounts, such as
Einlagensicherung AUSTRIA Ges.m.b.H (ESA)
Börsegasse 11 A, 1010 Vienna, Austria
+43 (1) 533 98 03-0
+43 (1) 533 98 03-5