Frequently Asked Questions
- When is the Liquidator appointed?
- If a depositor has an account in the main office of an institution and also at a branch office, are these accounts separately insured?
- Are any other cash liabilities of financial institutions covered?
- How does the closing of an institution affect interest accruing on a deposit?
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.
