Deposits that exceed the upper limit of the guarantee

What’s the Deposit Guarantee Fund (Fondo de Garantía de Depósitos)? > Cash deposits > Deposits that exceed the upper limit of the guarantee

In this section we explain certain situations in which the amount covered by the FGD may exceed €100,000.

Did you know…What happens if I have more than €100,000 in my credit institution?

What happens if I have more than €100,000 in my credit institution?

The FGD doesn’t cover the amount you have over €100,000, so you will have to claim it in the bankruptcy proceedings of your institution.

However, in certain instances, the FGD may provide a full refund.

If the deposits were settled in the three months prior to the date on which it was decided that your institution couldn’t refund the deposits, and if:

Come from transactions involving residential real estate of a private nature.
arise from occasional payments received in connection with marriage, divorce, retirement, dismissal, disability or death.
or are based on insurance payments or compensation resulting from a criminal offence or a miscarriage of justice.

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