Is ING Australia government guaranteed?
Government guarantee The Australian government’s Financial Claims Scheme guarantees deposits up to AU$250,000 per depositor per authorised deposit-taking institution (ADI). Deposits with ING are covered by the guarantee.
Does ANZ own ING bank?
No. ING has never been part of the joint venture between ING Insurance Australia and ANZ. ING is Australia’s 5th largest retail bank for household savings and retail mortgages and is committed to bringing true competition to the Australian banking market.
Does ING bank still exist?
ING DIRECT has officially been converted to Capital One 360. ING Direct’s website at ingdirect.com now redirects users to CapitalOne360.com.
Is ING covered by government guarantee?
Over 1,700 employees. Holder of an Australian banking licence since 1994. Regulated by the Australian Prudential Regulation Authority (APRA), like all banks. Combined savings balances of up to $250,000 per customer are guaranteed by the Australian Government.
Is ING safe to bank with?
The question is, how secure is banking with ING? As a universal bank, ING Philippines is regulated and supervised by the Bangko Sentral ng Pilipinas (BSP). Deposits are also insured by the Philippine Deposit Insurance Corporation (PDIC) which gives customers more peace of mind that their money is secured.
Who is ING bank affiliated with?
ING Group
ING (the trading name of ING Bank (Australia) Limited) is the world’s leading savings bank and is wholly owned by ING Group.
Who is ING owned by in Australia?
Our company. ING (the trading name of ING Bank (Australia) Limited) is the world’s leading savings bank and is wholly owned by ING Group.
Can I overdraw my ING account Australia?
When there is no cash left in your safe, when you encounter unexpected business expenses, you can satisfy your emergency cash needs with Overdraft Account without experiencing any difficulties. You can apply for an Overdraft Account through our nearest branch.