In Austria, the hedging of securities is regulated by the statutory investor compensation scheme. Securities which are held in a customer custody account are generally only held in safe custody by the Bank. They remain in your ownership and can therefore be transferred to another securities account at any time - even in case of protection.
If, contrary to expectations, this is not possible, the investor compensation will be applied. The securities concerned are secured up to a maximum of EUR 20,000. As a legal entity, you receive 90% of the claims - but likewise up to a maximum of 20,000 euros.
Credit balances in your accounts are covered by the deposit guarantee, e.g. credit balances of distributions on securities clearing accounts.