Such persons will be requested to meet with the relevant DIC officials.
Frequently Asked Questions
- What is the current insured limit?
- What methods of payment may the DIC use in meeting its obligations to the depositors of a failed institution?
- Will shareholders of an institution receive any part of their investment before depositors’ claims are satisfied?
- What happens to those depositors whose accounts are subject to further examination?
Did You Know?
- Misconception: Deposit insurance can be claimed while the member institution is still continuing in operation. - Fact: Deposit insurance is ONLY activated upon closure of a member institution.
