08 Nov 2023 PIDM Has Got You Covered
  • Important Notices
  • eye 1701

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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