Bank Deposit Guarantee in Romania: Everything you need to know
When choosing a bank deposit, the safety of your savings is just as important as the interest rate offered. In Romania and the European Union, the deposits of individuals are protected by law up to 100,000 EUR per depositor, per bank. This page centralizes official information about the guarantee funds protecting the banks in our comparator (FGDB, funds in the Netherlands or Bulgaria), so you know exactly who insures your money and how protection works in case of need.
How your savings are protected: The 100,000 EUR limit
According to European legislation, the guarantee limit is set at the lei equivalent of 100,000 EUR for each depositor, at each bank. This means that if you hold savings in several different banks, you are protected for the maximum amount at each of them.
Protection applies automatically to all types of accounts: term deposits, savings accounts, or current accounts. In the case of joint accounts (e.g., husband and wife), the limit applies individually, raising the total protection to 200,000 EUR for that account.
Who pays the money: The Guarantee Fund (FGDB) and European schemes
Depending on the origin of the bank you choose, the guarantee is provided by a specific institution. Although the institutions are different, the protection rules and the 100,000 EUR limit are identical throughout the European Union.
Below you can find the list of banks in our comparator and the funds they belong to, so you can make an informed choice:
Guarantee System in Romania (FGDB)
The Bank Deposit Guarantee Fund (FGDB) is the official guarantee scheme in Romania. If a member bank faces difficulties, the FGDB ensures the payment of compensations within 7 working days.
✅ Insured banks: CEC Bank, Banca Transilvania, Raiffeisen Bank, Banca Comercială Romana, UniCredit Bank, BRD - Société Générale, Libra Internet Bank, Intesa SanPaolo Bank, Exim Banca Românească, ProCredit Bank.
Guarantee System in Netherlands (DGS)
Nederlandse Depositogarantie is the deposit guarantee scheme in the Netherlands, managed by the Dutch Central Bank (De Nederlandsche Bank). It offers identical protection to that in Romania, according to EU standards.
✅ Insured banks: ING Bank.
Guarantee System in Bulgaria (BDIF)
The Bulgarian Deposit Insurance Fund (BDIF) guarantees bank deposits in Bulgaria in accordance with European Directives, ensuring the reimbursement of guaranteed amounts within legal limits.
✅ Insured banks: tbi Bank.
Frequently asked questions about guarantees
1. What amount is guaranteed in case of a bank failure?
The guarantee limit is 100,000 EUR per depositor, per bank. If you have deposits in several banks, you benefit from the 100,000 EUR limit at each of them, regardless of the bank's country of origin (if it is from the EU).
2. How soon do I get my money back if the bank goes bankrupt?
According to European legislation applicable in 2026, the payment term for compensations is 7 working days from the date the deposits were declared unavailable.
3. Are foreign currency deposits (USD, GBP) also guaranteed?
Yes, all individual deposits are guaranteed, regardless of the currency. However, the compensation payment is made in the local currency (RON for Romanian banks), calculated at the exchange rate on the day of unavailability.
4. What happens if I have more than 100,000 EUR in the same bank?
The amount exceeding the 100,000 EUR threshold is not covered by the guarantee scheme. It will be registered in the creditor's mass during the bank's liquidation process, and its recovery depends on the institution's remaining assets.
Practical examples: How is the guarantee limit applied?
| Deposit Situation | Total amount | Guaranteed amount | User risk |
|---|---|---|---|
| Deposit in a single bank | 85.000 EUR | 85.000 EUR | Zero (Covered) |
| Large deposit in a bank | 130.000 EUR | 100.000 EUR | 30.000 EUR |
| Two different banks | 180.000 EUR | 180.000 EUR | Zero (Separate limits) |
* In the case of joint accounts, the limit applies to each depositor, so the guaranteed amount at the same bank becomes 200,000 EUR.