OREANDA-NEWS. October 11, 2010. The maximum guarantee sum for money in Danske Bankas is increasing to EUR 100,000. Until now, the sum was EUR 50,000, reported the press-centre of Danske Bankas.

Deposits and money in current accounts not exceeding EUR 100,000 are guaranteed 100 per cent by the Danish Guarantee Fund for Depositors and Investors.

The entire amount of deposits of up to EUR 100,000 is guaranteed 100 per cent, regardless of the deposit currency. On occurrence of an insured event, the relevant benefits will be paid within three months in Danish kroner according to the exchange rate valid on that day.

This is the second increase in the guarantee sum. The first increase took place on 30 June last year, when the sum was raised from EUR 40,000 to EUR 50,000.