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Jamaica Deposit Insurance Corporation

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Jamaica Deposit Insurance Corporation

Insurance-Deposit
Jamaica Deposit Insurance Corporation
Closed Now
Business Opens
Monday
    Opening Hours
  • Monday 8:30am - 4:00pm
  • Tuesday 8:30am - 4:00pm
  • Wednesday 8:30am - 4:00pm
  • Thursday 8:30am - 4:00pm
  • Friday 8:30am - 4:00pm
  • Saturday Closed
  • Sunday Closed
Contact Details
Jamaica Deposit Insurance Corporation
30 Grenada Crescent Kingston 5 St. Andrew
876-926-5225

www.jdic.org/


Or : 876-968-7398
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General Information

Jamaica Deposit Insurance Corporation (JDIC) was created by the Government of Jamaica to protect depositors and promote stability and confidence in Jamaica’s financial sector. Jamaica Deposit Insurance Corp covers only those institutions regulated and supervised by the Bank of Jamaica. Jamaica Deposit Insurance Corp provides the highest level of coverage possible to small depositors. Jamaica Deposit Insurance Corp clearly defined system for dealing with problems, which may arise in insured financial institutions.

Services
  • Deposit Insurance Coverage
  • The Deposit Insurance Act (DIA) provides that the JDIC must
  • pay out of the Deposit Insurance Fund in respect of an insured
  • deposit up to the prescribed coverage limit of $600,000 to
  • every depositor of a Policyholder in circumstances where the
  • Policyholder fails or is unable to make payment in respect of a
  • deposit. Therefore, the maximum deposit insurance coverage
  • limit is $600,000 (principal and interest combined) per
  • depositor, per institution.
  • For the purpose of deposit insurance coverage, the ownership
  • categories are:
  • Individual Accounts
  • Joint Accounts
  • Trust Accounts
  • Nominee Accounts
  • Business Accounts
  • Other Deposit Liabilities
Features
  • Parking - Free
  • Wifi - Free
Payment Options
  • bank transactions
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Protecting Deposits For You and Me

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