Annual Reports Annual Report 2019
Annual Report 2019
Frequently Asked Questions
- What is the current insured limit?
- What happens if a depositor expects to be paid an amount that is different from what the DIC pays?
- Who should file a claim if more than one person is authorised to draw on an account?
- Is the depositor required to produce proof of ownership to the DIC or to the transferee institution?
Did You Know?
- Misconception: Beneficiaries under all trust account arrangements are insured separately. - Fact: The interests held by beneficiaries established under an irrevocable express trust account are insured separately up to the maximum TT$125,000 prescribed limit. Additionally, interests in accounts held by the Settlor, Trustee or Administrator of an irrevocable trust account are insured separately from the interests of the beneficiaries named under …