The time deposits are 100 percent protected up to 100,000 euros. Reason: SWK Bank is subject to statutory deposit protection. In the event of bank insolvency, deposits up to 100,000 euros are protected and repaid in full within seven working days.

Note: The responsible deposit guarantee scheme is the Entschädigungseinrichtung deutscher Banken GmbH. Customers can find further information at

Would you like to learn more? Start your application here on the partner page of SWK and Penta or browse through our Penta blog article.