The deposit guarantee pay-out event was triggered on 22 April 2022 for Amsterdam Trade Bank (ATB), which also trades under the brand “FIBR”. De Nederlandsche Bank (DNB) in its capacity as the deposit guarantee system in the Netherlands is therefore required to pay-out covered deposits up to the amount of EUR 100,000.
The process of paying out covered deposits has already started. According to information available on DNB’s website, DNB is sending letters to affected depositors. The letter explains how the pay-out procedure works and asks depositors for the required information.
The forms for initiating the repayment of covered deposits as well as general information about the Deposit Guarantee System in the Netherlands in English can be found on the DNB website.
The DNB can also be reached by telephone on +31 20 524 9111 and by e-mail.
According to information received from the DNB, depositors in Austria may also be affected, as Amsterdam Trade Bank (ATB) was also allowed to trade in Austria under the freedom to provide services (passporting). Amsterdam Trade Bank’s exercising of the freedom to provide services in Austria was terminated with effect from 1 June 2022.