Customer of a Norwegian bank in Norway
As a customer of a Norwegian bank, your deposit is covered from the very first krone up to NOK 2 million. The guarantee applies per depositor per bank. If you have several accounts in the same bank, the guarantee applies to a total of NOK 2 million in the bank.
In some cases, the deposit guarantee may apply to amounts exceeding NOK 2 million. Read more about possible coverage of deposits exceeding NOK 2 million.
Customer of a Norwegian bank abroad
As a customer of a Norwegian bank abroad, a coverage level of 100,000 euros, or an equivalent amount in local currency, applies per customer per bank.
The coverage level is independent of the nationality and residence of the depositor. The determinant is that the deposit is made in the foreign part of the business, for example in a foreign physical branch or via a website with country codes other than .no.
Customer of a foreign bank in Norway
As a customer of a foreign bank in Norway, you are covered by the deposit guarantee in the bank's home country. In the EU and EEA area, the coverage level is 100,000 euros or an equivalent amount in local currency. If your bank has chosen to become a member of the Norwegian deposit guarantee scheme in addition to the national scheme, you are covered up to NOK 2 million. The Norwegian scheme covers the difference between EUR 100,000 and NOK 2 million. The banks are obliged to provide information on which guarantee that applies.