Through the Philippine Deposit Insurance Corporation (PDIC), the government guarantees your bank deposits up to P500,000 per bank. Single accounts and joint accounts are insured separately. To know more about deposit insurance, download the brochure, “Understanding Deposit Insurance” in English, Filipino, Cebuano, or Ilocano at www.pdic.gov.ph/pdicbrochures or watch the animated explainer video, Deposit Insurance: Mga Dapat Alamin, on YouTube at bit.ly/pdic-ev1-deposit-insurance. #PDIC #22ndDPAW
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𝐋𝐎𝐎𝐊 | The Philippine Deposit Insurance Corporation (PDIC) brought its PDIC 101 media education program to Davao City, aiming to reinforce understanding of the crucial role deposit insurance plays in the nation’s financial system. The session served as a refresher for local media representatives on PDIC’s core mandates, acting as the country’s deposit insurer, co-regulator of banks, and receiver of closed banking institutions — ensuring they are well-equipped to inform the public and promote
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60 Days to 60th Know more about the #PDIC in this two-month countdown to the Corporation’s diamond anniversary. Day 14 – Operations In 2012, the threshold for waived filing of claims was further increased to Php15,000.00 from Php10,000.00 in 2011 and Postal Money Orders (PMOs) were used to settle such claims. The threshold today is Php100,000.00 for valid deposits. For more info, visit www.pdic.gov.ph | Philippine Deposit Insurance Corporation - PDIC
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