Deposit Insurance Corporation
Welcome
The Deposit Insurance Corporation (DIC) was established by the Central Bank and Financial Institutions (Non-Banking) (Amendment) Act, 1986. The DIC plays a critical role in contributing to the continued stability of Trinidad and Tobago's financial system as a whole. Its main function is to manage a Fund to provide insurance protection for depositors against the potential loss of their deposits should a member financial institution fail.
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Frequently Asked Questions
- How is a depositor notified that an institution in which he or she has a deposit, has been ordered to be closed?
- Will shareholders of an institution receive any part of their investment before depositors’ claims are satisfied?
- What happens if a depositor expects to be paid an amount that is different from what the DIC pays?
- What happens to those depositors whose accounts are subject to further examination?