Applying for an account with RaboDirect
Are my savings government guaranteed?
Yes, RaboDirect is an Australian registered bank and is covered under the Government Guarantee. But please be aware that the government guarantee is capped at 1 million dollar per entity.
On top of that, with RaboDirect all your deposits (even over 1 million dollar) are guaranteed by our ultimate parent, Rabobank, which has been awarded the world's safest non-government bank for 10 consecutive years by Global Finance magazine (1999-2009).
