No. Only deposits held in Trinidad and Tobago and payable in Trinidad and Tobago dollars are insured.
Frequently Asked Questions
- When must a depositor file a claim?
- Will the Corporation offset a deposit balance held by a customer against the balance due on the loan?
- When is deposit insurance payable?
- If two or more persons, for example a husband and wife, have, in addition to the individually owned accounts of each, a valid joint account in the same insured institution, is each account separately insured?
Did You Know?
- Misconception: Certificates, deposit books and other documentary evidence of deposits held in a member institution are not relevant to making claims in the event of a failure. - Fact: A claim, supported by appropriate proof, must be made to the Deposit Insurance Corporation before payment of deposit insurance can be made. As such, all information including certificates, deposit books bank statements etc. would be required to facilitate a smooth payout process. See Tips for Depositors.
