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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60 Days to 60th Know more about the #PDIC in this two-month countdown to the Corporation’s diamond anniversary. Day 27 – Deposit Insurance The initial Permanent Insurance Fund (PIF) of Php5 million was funded through an appropriation from the General Fund via Republic Act 4083 in 1963. The PIF represents the National Government’s share to the Deposit Insurance Fund (DIF), the funding source for deposit insurance claims payments. For more info, visit www.pdic.gov.ph | Philippine Deposit Insurance
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