Account Holder Examples

The table below shows how the Deposit Guarantee Scheme (DGS) would be operated for different account holders.

Amount of Deposit(s)

Maximum Limit per person

Amount protected under the DGS for each account holder

Single account holder with a deposit of €20,000

Single account holder with a deposit of €20,000.

Amount of Deposit(s): €20,000

Maximum Limit: €100,000

Amount: €20,000

Single account holder with 2 separate accounts with the same institution with a balance of €60,000 in each account

Single account holder with 2 separate accounts with the same institution with a balance of €60,000 in each account.

Amount of Deposit(s): €120,000

Maximum Limit: €100,000

Amount: €100,000

2 joint account holders with a deposit of €150,000. Share of joint account per person (50:50) split

2 joint account holders with a deposit of €150,000. Share of joint account per person (50:50) split.

Amount of Deposit(s): €150,000

Maximum Limit: €100,000

Amount: €75,000

2 joint account holders with a deposit of €300,000. Share of joint account per person (50:50) split

2 joint account holders with a deposit of €300,000. Share of joint account per person (50:50) split.

Amount of Deposit(s): €300,000

Maximum Limit: €100,000

Amount: €100,000

Compensation Process