The Barbados Deposit Insurance Corporation (BDIC) is a statutory corporation which was established under the Deposit Insurance Act (2006). The BDIC commenced operations on June 8, 2007, and provides insurance coverage of up to BDS$25,000 for depositors of commercial banks, as well as deposit-taking trust and finance companies.

The Barbados Deposit Insurance Corporation is an extension of the financial sector safety net, contributing to the maintenance of public confidence in deposit-taking institutions within the financial system.

The Deposit Insurance Corporation is located on Level 5 of the Tom Adams Financial Centre, Bridgetown. Our contact information is as follows:

• E-mail: safety@bdic.org.bb
• Phone: 1-246-435-2663
• Fax: 1-246-435-2545
• Website:  http://www.bdic.org.bb