Yes! The credit balance of each Tomorrow customer is managed by Solarisbank in Berlin. Solarisbank holds a German banking license and is thus part of the Compensation Scheme of German Private Banks (EdB). Your funds are therefore protected up to the sum of 100,000 Euros. This protection applies per customer / per bank - in this case Solarisbank. In case you have several accounts with Solarisbank, the deposit protection applies to all your accounts in total. This corresponds to the standard for all European credit institutions.
Modified on: Tue, 26 Apr, 2022 at 3:58 PM
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