Devisenschutzkommando
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The (Foreign Exchange Protection Commando), or DSK, was a
Nazi Nazism ( ; german: Nazismus), the common name in English for National Socialism (german: Nationalsozialismus, ), is the far-right totalitarian political ideology and practices associated with Adolf Hitler and the Nazi Party (NSDAP) in ...
special looting unit of handpicked SS soldiers which operated in
Belgium Belgium, ; french: Belgique ; german: Belgien officially the Kingdom of Belgium, is a country in Northwestern Europe. The country is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to th ...
,
France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of overseas regions and territories in the Americas and the Atlantic, Pacific and Indian Oceans. Its metropolitan area ...
and
the Netherlands ) , anthem = ( en, "William of Nassau") , image_map = , map_caption = , subdivision_type = Sovereign state , subdivision_name = Kingdom of the Netherlands , established_title = Before independence , established_date = Spanish Netherl ...
. The unit was established in 1940 and operated through the duration of
World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing ...
. The DSK was nominally charged with overseeing all bank foreign exchange transactions in nations occupied by Nazi Germany, including monitoring bank deposits of currency, financial instruments, and precious metals. Quickly, however, the concept of 'foreign currency transactions' was broadly reinterpreted to mean anything of financial value. In practice, members of the DSK confiscated whatever they thought may be of worth. Actions by the DSK included inspections of individual safe deposit boxes in the presence of the box holder, a bank employee, and a Nazi officer. Banknotes, stocks and bonds, gold and silver bullion, precious stones, and art objects found in the possession of general citizens were inventoried and placed in accounts controlled by German authorities. Jewish assets confiscated under various decrees were transferred to a German registered banking agent or the (Property Administrations and Pension Institute). Property issues were handled by (special administrators). Lists of box holders who were overlooked during initial inspections, or who refused to cooperate, were required to be delivered to German inspectors. The sole mission of the DSK was to search and locate assets, not administer them. Reports of violence and torture used in the process of locating and acquiring
Jewish Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...
gold for the Nazis was widely reported. In France, the unit was led by Herbert Staffeldt and his deputy called Hartmann. The organization was supported by 'a small army' of low-level informers, tipsters, and collaborators known as or "" (confidential agents). As the defeat of the German army by Allied forces became evident, actions taken by the DSK to confiscate anything of value to the Nazi state became brutal.


References

Nazi SS The Holocaust in Belgium The Holocaust in France The Holocaust in the Netherlands {{Nazi-stub