Frequently Asked Questions
- 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?
- How is a depositor notified that an institution in which he or she has a deposit, has been ordered to be closed?
- When must a depositor file a claim?
Did You Know?
- Misconception: Mutual Funds are covered by Deposit Insurance.- Fact: Mutual funds, be they general or issued as a member’s proprietary funds, are NOT covered by deposit insurance.