Summary of Deposit Guarantees in Ireland

We understand the following protection is in place with the following institutions: This is the latest information on the level of guarantee or protection for money held in Irish financial institutions or those operating in Ireland.

Updated in March 2013

Post Office Savings Bank; . Irish Government guarantees all deposits with no end date

Under the Deposit Guarantee Scheme – amounts of up to €100,000 are guaranteed in the following institutions (no end date on this)

Allied Irish Banks plc (AIB)
Irish Life & Permanent plc (PTSB)
Bank of Ireland
EBS Building Society
ICS Building Society
ACC Bank
Credit Unions
KBC  Bank
Ulster Bank

Note 1: If you had deposits in both AIB and Anglo Irish prior to the transfer, the combined deposits will now be covered up to a maximum of €100,000.

Note 2: Deposits in EBS and AIB continue to be treated separately under the Deposit Guarantee Scheme as EBS and AIB are separate institutions, each with their own banking license. If you have deposits in EBS and AIB these deposits will be covered up to a maximum of €100,000 in each institution – i.e. €100,000 for deposits in AIB and a further €100,000 for deposits in EBS, per person.

Note 3: If you had deposits in both Irish Nationwide Building Society and Irish Life and Permanent (PTSB) prior to the transfer, the combined deposits will now be covered up to a maximum of €100,000.

Amounts over €100,000 are covered until the 28th March  2013 under the Eligible Liabilities Guarantee  (ELG) in the following six institutions :-

Allied Irish Banks plc (AIB)
Anglo Irish Bank  (IBRC)
Irish Life & Permanent
plc (PTSB)
Bank of Ireland
EBS Building Society
ICS Building Society

Note – the ELG still covers fixed term deposit accounts to the end of the term (max five years)  as long as the deposit was made before the 28th March  2013 and after the date the institution joined the ELG scheme (most joined  in Jan 2010)

Credit institutions covered by other schemes

Danske Bank The Danish scheme covers up to Kr300,000 or approx. €40,000. The balance up to €100,000 is covered by the  Irish Deposit Guarantee Scheme

Rabobank The Dutch Central Bank Dutch Deposit Guarantee Scheme; 100% of the first  €100,000 per person..

Investec Bank (UK) Ltd The UK FSA Financial Services Compensation Scheme;100% of the equivalent of €100,000 per person.

Leeds Building Society The UK FSA Financial Services Compensation Scheme;100% of the equivalent of €100,00 per person.

Nationwide (UK) Ireland
The UK FSA Financial Services Compensation Scheme;100% of the equivalent of €100,00 per person.