A sure thing

Scope of protection

The bank is assigned to the Entschädigungseinrichtung deutscher Banken GmbH (EdB, Compensation Institution of German Banks). The Compensation Institution protects - deposits up to a total amount of 100.000 Euro and - 90% of liabilities arising from securities transactions, up to a total amount of 20.000 Euro. Further information is available on the website of the Entschädigungseinrichtung deutscher Banken GmbH (EdB) under www.edb-banken.de

Exemptions from deposit protection

Deposit protection ist not available for claims in respect of which the Bank has issued bearer instruments, e.g. bearer bonds and bearer certificates of deposit, as well as liabilities to banks.

Additional validity of the Deposit Insurance Act (Einlagensicherungsgesetz) and the Investor Compensation Act (Anlegerentschädigungsgesetz)

Further details of the scope of protection are contained in section 6 - 8 of the Deposit Insurance Act and in section 3 - section 5 of the Investor Compensation Act.

Transfer of claims

To the exten that the deposit insurance system makes payments to a customer, the respective amount of the customer's claims against the bank together will all subsidiary rights shall be transferred simultaneously to the deposit insurance system.

Disclosure of Information

The bank shall be entitled to disclose to the deposit insuarence system or to its mandatory all relevant information and to place necessary documents at their disposal.