About DIC » Legal Framework

The Deposit Insurance Corporation was established under the Protection of Depositors Act, 1999 and the Protection of Depositors Bye-Laws, 1999, issued there under.

The 1999 principal Act and Bye-Laws was amended in 2020, as seen above. These documents have been re-produced for information purposes only. Official copies should be obtained from the Government Publications Office.

What is Deposit Insurance?

In simple terms, deposit insurance provides peace of mind in the unlikely event your bank should experience difficulty and be forced to close. Read on for details on the who and what of the coverage we provide.

Is Your Bank or Credit Union A Member?

Need to know if your bank or credit union is a member of the program, and that your funds are insured? Our up-to-date list of member institutions will answer your questions.

Got Questions?

Visit our
Frequently Asked Questions
pages for the answers!