Frequently Asked Questions
- Does deposit insurance protect the interests of creditors other than depositors of a failed institution?
- Can a depositor leave his/her deposit with the transferee institution?
- What happens if a depositor expects to be paid an amount that is different from what the DIC pays?
- When can an eligible depositor expect to receive his or her money?
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.
