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
- What happens to cheques which are not cleared on a depositor’s account before the business of the institution is closed?
- What procedure does the DIC follow after an institution has been closed?
- What is the insurance coverage on a trust account held under the provisions of an irrevocable express trust?
- When is the Liquidator appointed?
Did You Know?
- Misconception: Depositors of a failed member institution have an unlimited time within which to make a claim on the Fund. - Fact: Depositors are granted a 12 month window in which to make a claim after which they can claim against the estate of the failed member. After the passage of 12 months, claims can only be made against the estate of the failed member institution payment for which would depend …