Insured Deposits

The deposits listed below are the only deposits that will be considered for insurance coverage by the DIC:-

  • Savings Accounts (including interest)
  • Current Accounts (including interest)
  • Fixed Deposit Accounts (including interest)

Other Deposits

Outstanding or Uncleared balances “. . . for which the institution has issued a certificate, receipt, cheque, money order, draft or other instrument in respect of which it is primarily liable.

As a precaution, depositors of member institutions in Trinidad and Tobago should enquire whether a deposit product is covered under the deposit insurance system. Remember, protecting your deposits means protecting your future.

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