Protection & safety · Jurisdiction AT

Deposit guarantee (Austria)

This is Austrian law, not the German EdB scheme. Austria runs its own national system for covered deposits if a member institution fails. Educational snapshot of Austria’s implementation of the EU directive: EUR 100,000 per person per credit institution. Finmon does not calculate it.

In more detail

Einlagensicherung AUSTRIA Ges.m.b.H. covers deposits at Austrian private banks, Volksbanken and Hypobanken. For certain temporary high balances the Austrian system can, in special cases, go up to EUR 500,000. That is not a Finmon figure and does not apply automatically. Which Austrian scheme covers your bank is on the depositor information sheet your bank must give you.

Background

Austria implements the same EU coverage amount as other member states but pays through its own bodies, not through German EdB and not through Finmon. Investment services fall under investor compensation, not the EUR 100,000 deposit cover. As at 2026. The limit and the responsible scheme are on your bank's depositor information sheet. Translating German EdB copy would be wrong.

An example

You live in Vienna and hold €90,000 in a salary account at an Austrian private bank. Educational snapshot: covered in the Austrian system up to EUR 100,000 per person per bank (verify). A German EdB leaflet does not apply.

A common misconception

Deposit guarantee is the same body across the EU; a German text also applies in Vienna.

Austria has its own system (including Einlagensicherung AUSTRIA) and its own information sheet. Finmon does not pay out.

Source: Einlagensicherung AUSTRIA. Last reviewed: 2026-10-27. Editorially reviewed on 2026-10-27. Next review 2027-10-27. Version 0.2.0. Finmon explains. It does not advise. Not investment, tax or legal advice.