|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 8 September 2022, 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.