Scope of DI Coverage

What are the Types of Deposits Insured?

The DIC insures only Bahamian dollar denominated deposits placed with a member institution in any of its branches in The Bahamas.

What’s Covered

The accounts and products insured by the DIC include:

What’s not covered

Not included are:

Again, the DIC does not insure any accounts or products in foreign currency; nor does it insure any account held in banks or other institutions that are not DIC members.

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!