Frequently Asked Questions
- Does the borrower’s obligations to the institution continue after the institution is closed?
- Which institutions depositors are insured by the DIC?
- If a depositor has an account in the main office of an institution and also at a branch office, are these accounts separately insured?
- When can an eligible depositor expect to receive his or her money?
Did You Know?
- Misconception: Establishing more than one joint account in the same institution with the same names increases insurance coverage. - Fact: All joint accounts with the same names, notwithstanding alterations to the sequence of names, are added together and insured up to a maximum of TT$125,000.