Well it’s not that. Everything is seized because the money in your bank isn’t technically yours. This is the same wherever in the world. However, there exists a public fund that guarantees that, in case of a bankruptcy of your bank, you’ll be compensated by this fund up to 100k€.
So it’s technically impossible to lose anything if you don’t have more than 100k€ in a checking account. Which, even if you were rich, would be a rather stupid move because you don’t earn any interest on this. If your patrimony is superior to 100k€, you probably own financial assets rather than money in your checking accounts. And since you own your financial assets and your bank is only doing the management for you, they can’t be seized because they aren’t owned by the bank.
So it’s blatantly false to say that you can be seized of anything above 100k€. You’ve got to manage your money really badly to be bitten by this.
So it’s technically impossible to lose anything if you don’t have more than 100k€ in a checking account. Which, even if you were rich, would be a rather stupid move because you don’t earn any interest on this. If your patrimony is superior to 100k€, you probably own financial assets rather than money in your checking accounts. And since you own your financial assets and your bank is only doing the management for you, they can’t be seized because they aren’t owned by the bank.
So it’s blatantly false to say that you can be seized of anything above 100k€. You’ve got to manage your money really badly to be bitten by this.