By accessing the material made available by Bethmann Bank, a brand of ABN AMRO Bank NV Frankfurt Branch on this website (hereinafter referred to as the "Bethmann Bank website"), you agree to the following terms and conditions:
All elements on Bethmann Bank’s website are protected by copyright and all rights are reserved. You are permitted to download or print out one or more sections, provided that no copyright or other proprietary notices are removed. No rights whatsoever in respect of the software or elements on Bethmann Bank’s website shall be transferred to you by downloading or copying from Bethmann Bank’s website. Any reproduction, dissemination, making available for download or online access (incorporation into other websites) of our websites, their layout, their content (texts, images, programmes) in whole or in part, in modified or unmodified form, shall only be permitted with the prior written consent of Bethmann Bank, a brand of ABN AMRO Bank NV Frankfurt Branch.
No information published on Bethmann Bank’s website should be construed as an advertisement, a solicitation of an offer, an offer, advice, a recommendation to buy or sell investments or to engage in any other transaction.
Certain links on Bethmann Bank’s website will take you to third-party websites. Bethmann Bank, a brand of ABN AMRO Bank NV Frankfurt Branch has not verified the sites linked to Bethmann Bank’s website and is in no way responsible for their content or the products, services and other elements offered on such sites.
Links to sub-pages and sub-directories shall only be permitted with the prior written consent of Bethmann Bank, a brand of ABN AMRO Bank NV Frankfurt Branch. The integration of Bethmann Bank's web pages into a framework structure (frames) shall only be permitted with the prior written consent of Bethmann Bank, a brand of ABN AMRO Bank NV Frankfurt Branch.
The use of the website is at the user's own risk. The user shall bear the risk of loss resulting from the downloading or use of the website and its content. Bethmann Bank, a brand of ABN AMRO Bank NV Frankfurt Branch shall make every reasonable effort to obtain its information from sources it deems reliable. Bethmann Bank, a brand of ABN AMRO Bank NV Frankfurt Branch does not accept any warranty claims for the accuracy, reliability or completeness of the information or opinions published on this website. All information and opinions published on this website are provided by Bethmann Bank, a brand of ABN AMRO Bank NV Frankfurt Branch for personal use and information purposes only and are subject to change, restriction or cancellation at any time without notice. Bethmann Bank, a brand of ABN AMRO Bank NV Frankfurt Branch is under no obligation to update or keep the information and opinions up to date. No information or statement provided on this website should be construed as investment, legal, tax or other advice and should not be relied upon in making investment or other decisions. It is your responsibility to seek the advice of a professional before taking an investment decision.
Bethmann Bank, a brand of ABN AMRO Bank NV Frankfurt Branch is part of the globally operating ABN AMRO Group. ABN AMRO, its business units and/or its directors, officers and employees may have or have had interests or positions In the securities or traded or acted as market makers in such securities. Such business units or persons may also maintain or have maintained business relationships with the aforementioned companies, provide or have provided corporate finance or other services to them or participate or have participated in the management of these companies.
Past performance is not necessarily indicative of the future performance of an investment. There are several factors that can cause the value of an investment to rise or fall and consequently it is possible that investors may not recover the amount originally invested. Investment values may rise and fall as a result of exchange rate fluctuations.
Bethmann Bank, a brand of ABN AMRO Bank NV Frankfurt Branch hereby waives all liability (including negligence) for any loss or damage, direct, indirect and/or consequential, which may arise from the use of, consultation of and access to Bethmann Bank’s website or from links to third-party websites.
Bethmann Bank’s website is not intended for persons falling under a jurisdiction prohibiting the publication of or access to this website (on grounds of nationality or otherwise). Persons who are subject to such restrictions are not permitted to access Bethmann Bank’s website. This website is primarily intended for users located in Germany and is explicitly not intended for users in or residing in the United States of America or for private users within the United Kingdom.
We are committed to protecting your personal data. Details can be found in our Data Protection Declaration
ABN AMRO Bank N.V. Frankfurt Branch participates in the Deposit Protection Fund of German Banks (Einlagensicherungsfonds deutscher Banken – Einlagensicherungsfonds) which form part of the Association of German Banks (Bundesverband deutscher Banken e.V.). In accordance with its By-laws and subject to the exemptions provided for therein, the Fund shall protect deposits at a domestic head office or branch office up to the following amount per creditor (protection ceiling):
(a)
(i) 5 million euros for natural persons and foundations with legal capacity irrespective of the term of the deposit; and
(ii) 50 million euros for nonfinancial companies, non-profit organisations, associations and non-profit professional organisations, and other creditors referred to in Section 6 (3) of the By-laws of the Deposit Protection Fund. In any event, deposits shall be protected up to a maximum of 15% of the bank’s own funds within the meaning of Article 72 of the CRR, with Tier 2 capital only being taken into account up to an amount of 25% of Tier 1 capital within the meaning of Article 25 of the CRR. Further details on calculating the relevant own funds are set out in Section 6(8) (a) of the By-laws of the Deposit Protection Fund.
(b)
From 1 January 2025: (i) 3 million euros for natural persons and foundations with legal capacity irrespective of the term of the deposit and (ii) 30 million euros for non-financial companies, non-profit organisations, associations and non-profit professional organisations, and other creditors referred to in Section 6 (3) of the By-laws of the Deposit Protection Fund. In any event, deposits shall be protected up to a maximum of 8.75% of own funds within the meaning of subparagraph (a), sentences 2 and 3.
(c)
From 1 January 2030: (i) 1 million euros for natural persons and foundations with legal capacity irrespective of the term of the deposit and (ii) 10 million euros for non-financial companies, non-profit organisations, associations and non-profit professional organisations, and other creditors referred to in Section 6 (3) of the By-laws of the Deposit Protection Fund. In any event, deposits shall be protected up to a maximum of 8.75% of own funds within the meaning of subparagraph (a), sentences 2 and 3.
(d)
For deposits protected until the end of 31 December 2022, the protection ceilings applicable at that time shall continue to apply until the deposit matures, is rolled over or can be cancelled by the customer for the first time or is transferred to one or more foreign branches. For deposits established or rolled over after 31 December 2022, the relevant new protection ceilings shall apply as of the above cut-off dates.
Deposits are credit balances resulting from funds left in an account or from temporary situations deriving from banking trans- actions and which the Bank is required to repay under the legal and contractual conditions applicable, such as credit balances on current accounts, time deposits, savings deposits, savings bonds and registered bonds. The applicable definition shall be this set out in Section 6 (1) of the By-laws of the Deposit Protection Fund of German Banks The Deposit Protection Fund of German Banks only provides compensation payments if and to the extent that the deposits exceed the security limit of any deposit protection funds of the home country of the Bank. The extent of any home country protection can be queried on the Internet on the website of the relevant protection scheme, whose address will be provided by the Bank upon request.
Not protected are, in particular, deposits of financial firms, public authorities including regional and local authorities, deposits that have arisen in connection with money laundering or terrorist financing, and bearer bonds. For creditors specified under point (a) (ii), (b) (ii) and (c) (ii), deposits with a term of more than 12 months and liabilities from promissory notes loans, registered bonds and comparable debt instruments under foreign law shall not be protected.
Liabilities of banks that were protected until the end of 31 December 2022 in accordance with Section 6 of the version of the By- laws of the Deposit Protection Fund registered with the Register of Associations on 18 November 2021 shall continue to be protected as provided for thereunder. After 31 December 2022, this grandfathered status shall cease to apply as soon as the liability concerned falls due, can be terminated or otherwise reclaimed, or if the liability is transferred by way of singular or universal succession or is transferred to a foreign branch.
The By-laws shall be made available on request and can also be accessed on the internet at www.bankenverband.de.
The compensation shall be based on the protection ceiling which has been notified to the Bank as the result of the assessment made by the Auditing Association and which is available on the internet at www.bankenverband.de. The protection ceiling shall be notified to the customer by the Bank on request.
Details on the scope of protection, including the protection ceilings, are set out in the By-laws of the Deposit Protection Fund, in particular Section 6 thereof. The By-laws shall be made available on request and can also be accessed on the internet at www.bankenverband.de.
To the extent that the Deposit Protection Fund or one of its representatives makes payments to a customer, the amount of the customer’s claims against the Bank, together with all subsidiary rights, shall be transferred simultaneously to the Deposit Protection Fund.
The Bank shall be entitled to disclose and make available to the Deposit Protection Fund or one of its representatives all necessary information and documents in this regard.
The new payment law (PSD2) authorises third party providers (TPP) to access payment accounts with the client's consent. We offer interested TPPs a sandbox to test this interface. For more information, please click on the following link: https://www.bank-verlag.de/psd2-bethmannbank
For more information, please refer to the document "Note on bank resolution and creditor participation (bail-in)" (German)
Our aim as a bank is to provide you, the client, with products and services that meet your requirements and expectations. It is therefore our top priority to ensure that you are satisfied with our services. Nevertheless, in the event that you wish to make a complaint to us, our dialogue with you will be conducted in comprehensible steps to ensure that you receive a timely and transparent response from us. Your complaint also serves as an important basis for the ongoing optimisation of our service quality. It will therefore be dealt with by us individually, objectively and appropriately and free of charge.
Please refer to the following document "Principles of the Complaints Procedure" (German) for further information on how to submit a complaint and on the sequence of the complaints procedure.
The Bank participates in the dispute resolution procedure of the consumer arbitration board "Ombudsman of Private Banks" (www.bankenombudsmann.de). Under this procedure, the consumer has the option of submitting a dispute with the bank to the private banks' ombudsman. In the event that the subject of the dispute relates to a payment services contract (Section 675f of the German Civil Code), clients who are not consumers may also have recourse to the private banks' ombudsman. The “Procedural Decree for the Settlement of client Complaints in the German Banking Sector", sets forth further provisions and shall be made available upon request or can be downloaded from the internet at www.bankenverband.de. The complaint must be submitted in text form (e.g. by letter, fax or email) to the client Complaints Office at the Association of German Banks (Bundesverband deutscher Banken e. V.), PO Box 04 03 07, 10062 Berlin, Fax: (030) 1663-3169, email: ombudsmann@bdb.de.
The European Commission has established a European Online Dispute Resolution (ODR) platform at http://ec.europa.eu/consumers/odr/. The ODR platform can be used by a consumer for the out-of-court settlement of a dispute arising from online contracts with a company established in the EU.
