You – and your end-customers – will continue to be covered by the terms in your BinckBank contract. Your end-customers’ accounts will automatically move to SaxoPartnerConnect. All accounts remain Dutch bank accounts contracted with BinckBank N.V as per your relationship today. That means that funds held with BinckBank are still covered by the protection scheme of the Dutch Central Bank.
Are you a customer in Belgium? Your account will remain a Belgian bank account, contracted with BinckBank BE Belgium as per your relationship today. Saxo Bank is the trade name of BinckBank N.V., a Dutch bank that is part of the Saxo Bank Group. That means that funds held with BinckBank will still be covered by the protection scheme of the Dutch Central Bank.