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Country Jamaica

Jamaica Deposit Insurance Corporation

Established in 1998, the Jamaica Deposit Insurance Corporation (JDIC / the Corporation) was created by the Government of Jamaica to protect depositors and promote stability and confidence in Jamaica's financial system. JDIC's primary objective is to…

000

000 (principal and interest combined) per depositor

Accounts covered under the Scheme include: savings accounts

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