Has anyone else solved the riddle regarding the 2 conflicting versions of the Danish state guarantee on the NIB website?
NIB page:
[broken link removed]
On the one hand it states that:
Customers can be reassured that their funds with National Irish Bank are 100% guaranteed under the Danish Government guarantee, regardless of amount.
Later, on the same page is stated:
Danish Guarantee Fund for Depositors and Investors
How much is covered by the Danish Guarantee Fund for Depositors and Investors?
i) Cash
The fund covers registered deposits with banks net of loan and other liabilities of the depositor vis-à-vis the bank for an amount up to DKK 300,000 (approx EUR 40,450) per depositor.
A copy of the English language brochure “How are you covered?” is available from The Danish Guarantee Fund for Depositors and Investors. Click [broken link removed] for a copy of the brochure.
This brochure states limit of 40k.
Can anyone clarify which version applies? Or is the former a top up scheme for the latter? NIB are not making this easy are they?
NIB page:
[broken link removed]
On the one hand it states that:
Customers can be reassured that their funds with National Irish Bank are 100% guaranteed under the Danish Government guarantee, regardless of amount.
Later, on the same page is stated:
Danish Guarantee Fund for Depositors and Investors
How much is covered by the Danish Guarantee Fund for Depositors and Investors?
i) Cash
The fund covers registered deposits with banks net of loan and other liabilities of the depositor vis-à-vis the bank for an amount up to DKK 300,000 (approx EUR 40,450) per depositor.
A copy of the English language brochure “How are you covered?” is available from The Danish Guarantee Fund for Depositors and Investors. Click [broken link removed] for a copy of the brochure.
This brochure states limit of 40k.
Can anyone clarify which version applies? Or is the former a top up scheme for the latter? NIB are not making this easy are they?