Such persons will be requested to meet with the relevant DIC officials.
Frequently Asked Questions
- When is the Liquidator appointed?
- What happens to cheques which are not cleared on a depositor’s account before the business of the institution is closed?
- What happens if a depositor expects to be paid an amount that is different from what the DIC pays?
- Does deposit insurance protect the interests of creditors other than depositors of a failed institution?
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.
