Introduction
The DGS Curaçao automatically protects your money, up to Cg 50,000 per person per bank/savings fund, or Cg 25,000 per person per credit union. The maximum protected amount applies to your money in all accounts combined at the same institution, including the money you hold in a joint account.
In case your bank, savings fund or credit union goes bankrupt, the Centrale Bank van Curaçao en Sint Maarten (CBCS) ensures that you regain access to your protected money within 20 working days. As part of the DGS Curaçao, a Deposit Guarantee Fund (DGF) is being established. Each year, all covered institutions must contribute to the fund until it reaches the full amount needed to protect people’s money.
Are you protected?
You are protected by the DGS Curaçao if:
- You are formally registered as the account holder. This applies to all types of account holders, both residents and non-residents, such as:
- adults and minors
- individuals and firms
- foundations and other non-profit organizations
Except financial institutions, who are not protected by the DGS Curaçao.
- Your account is a checking account, savings account, term deposit, or a credit card with a positive balance. This also applies to joint accounts.
- Your bank, savings fund or credit union is covered by the DGS Curaçao. You can verify this in the section Which banks, savings funds and credit unions?
Which banks, savings funds and credit unions?
Banks:
- APC Bank N.V. (including former PSB Bank N.V. and Centrale Hypotheek Bank N.V.)
- Banco Di Caribe N.V.
- Maduro & Curiel’s Bank N.V.
- Orco Bank N.V.
- Vidanova Bank N.V.
- RBC Royal Bank N.V.
Savings funds:
- Stichting Personeelsvoorzieningsfonds Autobusbedrijf Curaçao
- Stichting Spaar- en Kredietfonds OPAL
Credit unions:
- Algemeen Spaar- en Krediet coöperatie ACU
- Coöperatieve Spaar- en Kredietvereniging San Pedro
- Coöperatieve Spaar- en Kredietvereniging Utiliteitsbedrijven (Utility Credit Union)
- Kooperativa KEP
- Koperativa Spar i Kredito Aviashon (K.S.K.A.)
Read the factsheet
In the factsheet, you will find an overview of the DGS Curaçao, including a calculation example
Read the brochure
In the brochure, you will find more detailed information about DGS Curaçao, including exceptions.
Read the FAQ
If you have more questions, please visit our Frequently Asked Questions section.