Frequently Asked Questions
- What happens if a depositor expects to be paid an amount that is different from what the DIC pays?
- When is deposit insurance payable?
- Is the depositor required to produce proof of ownership to the DIC or to the transferee institution?
- In the event of a deposit transfer, how will a depositor know when and where he can withdraw his funds?
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$200,000.
