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Deposits are insured by PDIC up to P500,000 per depositor
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The PDIC vigorously pursues legal actions against bank owners, officials and personnel who engage in unsafe and unsound banking practices that pose grave threats to the stability of the country's banking system. Republic Act 3591, as amended, or the PDIC Charter mandates the PDIC to strengthen the mandatory deposit insurance coverage system to generate, preserve and maintain confidence in the stability of the banking system as well as protect it from illegal schemes and machinations. In relation to its mandates, the PDIC is authorized to conduct investigations and file necessary cases against erring bank officials and unscrupulous individuals.

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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
Client outside Metro Manila may call
Toll Free: 1-800-1-888-7342 or