Featured Downloads
BDIC Email Alerts
| Would the uninsured balance, i.e. that portion of deposit(s) over BDS$25,000 for which a certificate was issued, ever be honoured by the DIC? |
 |
|
A liquidator’s certificate is issued to the depositor by the BDIC for the unsecured balance being that portion of the deposit over BDS$25,000. If, the realizations from the disposal of assets net of the subrogated claim of the deposit insurer and other superior claimants results in a surplus, then unsecured balances would be paid on a pro rata basis. |
