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
- When must a depositor file a claim?
- How does the closing of an institution affect interest accruing on a deposit?
- Is the insurance protection increased by placing funds in two or more types of deposit accounts in the same institution?
- Will shareholders of an institution receive any part of their investment before depositors’ claims are satisfied?
Did You Know?
- Misconception: Placing funds in different types of deposits such as CDs, Chequing, Savings with the same member institution would increase insurance coverage. - Fact: Deposits held by the same person in the same member institution in the form of CD’s, Chequing and Savings accounts are added together and insured up to a maximum of TT$125,000.