Deposit insurance

Updated: 8/7/2019

If an institution, where you have money deposited goes bankrupt, or if the Swedish Financial Supervisory Authority decides to warranty, the insurance provides compensation up to 100,000 euro per customer. 

It covers deposits in all types of accounts. The purpose of deposit insurance is to provide greater security for the public’s deposits and contribute to the stability of the financial system. Similar schemes exist in other EU countries, as well as many countries outside the EU.

In Sweden the deposit insurance is administrated by the Swedish National Debt Office. If you have money in a bank in another country within the EU you have to contact the authorities that administrate the deposit insurance in that country.