The Deposit Insurance Corporation’s Public Policy Objectives highlight the DIC’s role in the protection of depositors and its contribution to the stability of the financial system in Trinidad and Tobago.
Frequently Asked Questions
- What methods of payment may the DIC use in meeting its obligations to the depositors of a failed institution?
- How is a depositor notified that an institution in which he or she has a deposit, has been ordered to be closed?
- Is the depositor required to produce proof of ownership to the DIC or to the transferee institution?
- What types of deposits are insured?
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.
