Caribbean Regional Committee of IADI meeting
June 21st, 2022
ECCB Deposit Insurance Workshop
June 25th 2020 and July 15th 2020.
View presentation by the General Manager, Deposit Insurance Corporation Trinidad and Tobago
Frequently Asked Questions
- If a depositor has more than $200,000 (the current insured limit) in a closed institution and is paid $200,000 by the DIC, what happens to the amount in excess of $200,000?
- Are any other cash liabilities of financial institutions covered?
- What is a Liquidator’s certificate?
- When is the Liquidator appointed?
Did You Know?
- Misconception: Beneficiaries under all trust account arrangements are insured separately. - Fact: The interests held by beneficiaries established under an irrevocable express trust account are insured separately up to the maximum TT$200,000 prescribed limit. Additionally, interests in accounts held by the Settlor, Trustee or Administrator of an irrevocable trust account are insured separately from the interests of the beneficiaries named under …
