Frequently Asked Questions
- Will shareholders of an institution receive any part of their investment before depositors’ claims are satisfied?
- In the event of a deposit transfer, how will a depositor know when and where he can withdraw his funds?
- How is a depositor notified that an institution in which he or she has a deposit, has been ordered to be closed?
- When must a depositor file a claim?
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$200,000.
