Raisin Deposit - how safe are these?

Marobar1

Registered User
Messages
20
Hi there,

I'm about to deposit approx €95k via Raisin.ie with Privatbanka from Slovakia.

It stats that deposits are fully guaranteed by the Slovak Deposit Guarantee Fund (Fond ochrany vkladov) for amounts up to €100,000.

My question is does this mean that my deposit is risk free as long as it is less than €100k?

Thanks in advance!
 
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