Frequently Asked Questions
- What is the current insured limit?
- Can a depositor leave his/her deposit with the transferee institution?
- If a depositor has an account in the main office of an institution and also at a branch office, are these accounts separately insured?
- What procedure does the DIC follow after an institution has been closed?
Did You Know?
- Misconception: Establishing more than one joint account in the same institution with the same names increases insurance coverage. - Fact: All joint accounts with the same names, notwithstanding alterations to the sequence of names, are added together and insured up to a maximum of TT$125,000.