The Deposit Insurance Corporation’s Public Policy Objectives highlight the DIC’s role in the protection of depositors and its contribution to the stability of the financial system in Trinidad and Tobago.
Frequently Asked Questions
- When can an eligible depositor expect to receive his or her money?
- How is a depositor notified that an institution in which he or she has a deposit, has been ordered to be closed?
- If a depositor has an account in the main office of an institution and also at a branch office, are these accounts separately insured?
- What is a Liquidator’s certificate?
Did You Know?
- Misconception: Placing funds in different types of deposits such as CDs, Chequing, Savings with the same member institution would increase insurance coverage. - Fact: Deposits held by the same person in the same member institution in the form of CD’s, Chequing and Savings accounts are added together and insured up to a maximum of TT$200,000.
