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Home FAQ In the event of a deposit transfer, how will a depositor know when and where he can withdraw his funds?
In the event of a deposit transfer, how will a depositor know when and where he can withdraw his funds? Print E-mail

The DIC will notify depositors of the transfer of deposits and of the place and time that the deposits can be withdrawn from the specified member institution.

In the event of a deposit transfer, how will a depositor know when and where he can withdraw his funds?

The DIC will notify depositors of the transfer of deposits and of the place and time that the deposits can be withdrawn from the specified member institution.

 
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Disclaimer

Please Note: This website is designed to give general information about deposit insurance and should not be relied upon as definitive. The actual deposit insurance coverage provided by BDIC following the failure of a member institution is based on the deposit account records at the failed member institution and is governed by the Deposit Insurance Act.