Dear Valued Customers,
The video from the links below aims to inform you on what would happen in the event PIDM would need to carry out an orderly resolution of a troubled member bank.
More importantly, PIDM would like to assure you that you should not feel worried because:
- Your deposits are protected by PIDM up to RM250,000 per depositor per member bank.
- There are several ways in which PIDM can resolve a troubled member bank to allow you to have continued access to your deposits.
- Where the resolution option requires PIDM to close a troubled member bank, PIDM will reimburse you through several ways.
The video “PIDM Has Got You Covered”, available in two languages, can be watched via the YouTube links below:
• English: https://www.youtube.com/watch?v=MsXu72_AIos
• BM: https://www.youtube.com/watch?v=536TT7K0vho&t=21s
Thank you.
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