All creditors rank equally in terms of voting rights.
Frequently Asked Questions
- 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 of the date and place of payment of his or her claim after an institution is closed?
- How quickly will the Liquidator make payments on certificates?
- What procedure does the DIC follow after an institution has been closed?
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.
