The compensation scheme as agreed with the Dutch consumers’ association ‘Consumentenbond’ does not include any compensation for 'interest-on-interest’. On 25 January 2022, Kifid’s Arbitration Commission also ruled that no ‘interest on interest’ needs to be paid. In the judgement of 11 August 2022, the Kifid Appeal Committee determined that the 'interest-on-interest effect' must be taken into account. ABN AMRO has taken note of this publication and decided on 5 September 2022 to adjust the compensation scheme.
Clients who have yet to receive their personal offer will receive a proposal that includes compound interest. Clients who have already accepted their personal offer and who qualify for an additional payment will be contacted automatically.