|FREQUENTLY ASKED QUESTIONS|
|Are deposits maintained in Philippine banks with branches outside the Philippines insured by the PDIC?|
The PDIC Charter provides that a Philippine bank may elect to insure with the PDIC its deposits in branches outside the Philippines. As of 20 April 2021, no Philippine bank has elected to insure deposits in their foreign branches with PDIC.
To verify if your deposits in a branch of a Philippine bank outside the Philippines are covered by deposit insurance in the host foreign country, please inquire with the account officer of your branch.