Frequently Asked Questions
- Which institutions depositors are insured by the DIC?
- Will the Corporation offset a deposit balance held by a customer against the balance due on the loan?
- 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?
- When is the Liquidator appointed?
Did You Know?
- Misconception: Deposit insurance can be claimed while the member institution is still continuing in operation. - Fact: Deposit insurance is ONLY activated upon closure of a member institution.