Deposits covered by deposit insurance

Deposit insurance covers all types of accounts. The insurance scheme covers deposits made to a Swedish institution in Sweden or a branch of a Swedish institution in another EEA country.

Upon submission of an application, the National Debt Office may also decide to allow the deposit insurance scheme to cover deposits with a branch of a Swedish institution in a country outside the EEA or a Swedish branch of a foreign institution.

The government may expand the Swedish deposit insurance to include affiliates of foreign banks in Sweden, should the deposit insurance in the home country not be fully met.

An institutional depositor that is permitted to accept and hold customers’ money in accounts is not itself eligible for compensation from the deposit insurance scheme.


The European Economic Area (EEA) includes all EU member states and the EFTA member states of Iceland, Liechtenstein and Norway.