What should I do to receive deposit protection?

     Deposit protection is a public policy to promote depositor confidence that they will receive their deposits within the protection limit and duration denoted in law when a member financial institution has its license revoked.
     Individual and juristic depositors will automatically be protected without any charges upon opening an eligible deposit account at a member financial institution under the Deposit Protection Agency Act. Deposit protection is on a per depositor per institution basis where all deposit accounts under a depositor’s name across all branches of the member financial institution will be aggregated into a single amount.