Such persons will be requested to meet with the relevant DIC officials.
Frequently Asked Questions
- Which institutions depositors are insured by the DIC?
- What happens to those depositors whose accounts are subject to further examination?
- What procedure does the DIC follow after an institution has been closed?
- What happens if a depositor expects to be paid an amount that is different from what the DIC pays?
Did You Know?
- Misconception: The Deposit Insurance Corporation (DIC) is empowered to close a member institution. - Fact: A member institution licensed under the Financial Institutions Act, 2008 can only be “closed by or with the approval of The Central Bank of Trinidad and Tobago as a result of financial difficulties.”