De Nederlandsche Bank (DNB) has launched a public campaign to raise
awareness of the Deposit Guarantee Caribbean Netherlands, a
guarantee regulation that secures bank deposits up to $25,000 in the
event a bank goes bankrupt.
Deposit Guarantee
Whether it concerns a payment account, savings account, or term deposit —
personal or business — thanks to the deposit guarantee, your money is
automatically protected if a bank goes bankrupt. You don’t need to take any
action yourself.
The Deposit Guarantee Caribbean Netherlands covers amounts from one dollar
cent up to a maximum of USD 25,000 per person, per bank. Do you have
accounts with multiple banks? Then you are protected up to USD 25,000 at each
bank. The guarantee applies to banks licensed for the Caribbean Netherlands
and is administered by De Nederlandsche Bank (DNB).
DNB Campaign
To increase awareness of the Deposit Guarantee Caribbean Netherlands, DNB, in
cooperation with the Rijksdienst Caribisch Nederland (RCN), launched an
information campaign on November 17.
The core message of the campaign is:
“Your money is safe from 1 dollar cent to USD 25,000, without you having to do
anything.”
The campaign aims to reassure residents and entrepreneurs on Bonaire, St.
Eustatius, and Saba that their accounts and savings are safe at all banks
established on the islands.
For more information, visit: https://www.dnb.nl/en/caribbean-
netherlands/deposit-guarantee-for-the-caribbean-netherlands/
