It will depend on which product you hold with which provider as to whether it is covered or not. If you are using such services (e.g. to transfer money between the UK and Austria) that are operated by them as an electronic money institution, then your money will not be covered if left in the […]
FAQ Group: Financial
Information about FAQs of a financial nature.
For information about the UK, see: https://www.fscs.org.uk/what-we-cover/banks-building-societies/
The basic rule is a maximum coverage € 100,000 per customer at a bank. If you hold a joint account, you are considered as two customers and therefore the limit would be 2 x € 100,000. Banks may introduce terms about to whom the money is attributed to in the case of a pay-out event […]
Yes. Austrian citizens and foreigners holding accounts with a bank are treated in the same way.
Yes there is. While you have to submit the E1 form in German, the BMF does have two items to help guide you: An English version of the Income Tax Return Form for 2020 (to assist you with filling the German form. Complete Instructions for Filling the Income Tax Return Form for 2020 in English.