June 28, 2018: The DIC recognises that the well-being of the nation’s environment depends on the responsible management of the country’s natural resources; and so we took positive action and joined Members of the Fondes Amandes Community Reforestation Project in their continued effort to protect the natural surroundings.
Frequently Asked Questions
- What procedure does the DIC follow after an institution has been closed?
- How is a depositor notified that an institution in which he or she has a deposit, has been ordered to be closed?
- What happens to cheques which are not cleared on a depositor’s account before the business of the institution is closed?
- If a depositor has more than $200,000 (the current insured limit) in a closed institution and is paid $200,000 by the DIC, what happens to the amount in excess of $200,000?
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.
