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PHILIPPINE DEPOSIT INSURANCE CORPORATION
Deposits are insured by PDIC up to ₱1 Million per depositor
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Frequently Asked Questions
Frequently Asked Questions
FREQUENTLY ASKED QUESTIONS   
23. Does PDIC issue regulations to banks?

Yes. Section 3(b)(1) of Republic Act No. 3591, as amended (PDIC Charter) states that the PDIC Board of Directors has the authority to approve and issue rules and regulations to promote and safeguard the interests of the depositing public and to help develop a sound and stable banking system, for the compliance or information of banks, depositors, or the general public. PDIC’s regulatory issuances contain rules, regulations, guidelines, and procedures that banks must comply with in relation to their operations.

PDIC’s Regulatory Issuances, Bulletins, and Memoranda to banks are posted on the PDIC website through the following links:

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PDIC is a government instrumentality created in 1963
by virtue of Republic Act 3591, as amended, to insure
the deposits of all banks. PDIC exists to protect
depositors by providing deposit insurance coverage for the depositing public and help promote financial stability. PDIC is an attached agency of the Bangko Sentral ng Pilipinas.
Questions? Need Help? Click Frequently Asked Questions Trunkline.: (632) 8841-4000
Hotline: (632) 8841-4141
(for Metro Manila clients)
Fax No.: (632) 8841-4085
Email: pad@pdic.gov.ph
Client outside Metro Manila may call
Toll Free: 1-800-1-888-7342 or
1-800-1-888-PDIC