September 23, 2019 and November 01, 2019: The DIC partnered with the Living Water Community and volunteered its services to package hampers containing food items and toiletries for distribution to persons in need.
Frequently Asked Questions
- Are foreign deposits insured?
- Who should file a claim if more than one person is authorised to draw on an account?
- 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?
- When is deposit insurance payable?
Did You Know?
- Misconception: The Deposit Insurance Corporation (DIC) is empowered to close a member institution. - Fact: A member institution licensed under the Financial Institutions Act, 2008 can only be “closed by or with the approval of The Central Bank of Trinidad and Tobago as a result of financial difficulties.”
