Frequently Asked Questions
- When must a depositor file a claim?
- Are any other cash liabilities of financial institutions covered?
- Will the Corporation offset a deposit balance held by a customer against the balance due on the loan?
- Will shareholders of an institution receive any part of their investment before depositors’ claims are satisfied?
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$125,000.