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I. Philippine Deposit Insuntnee Corporation Law (RA 359, twoended by RA 10846)

A.Description el Phllinnine Deposit Inserenee Corporation <,-.14 • .4

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its enhanced resolution etnhoMies. PDIC would atiso be able to mo rc effectively promote tinruxial inclusion through
early - -
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B. Insurstble Deposits under PDIC Law (Covered by PDIC

Inserunce)
1. , Deposit Ty,
a. Savings Deposit
b. Special Savings
c. Demand/Checking A
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f. Foreign cur.., DePostt

2. By Deposit Account:
indivichmlly.ewned ezeounts or accounts held ender one name. c11:11e1111,
P'crson
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/. A joint account regaralcs.i of conjunction ',tr. -or or "andlor" is usecl shall bc insured

Xr:Inntg=guis 'stipulated in the deposit documents, the insured amount up to the

._,12._dmi_treepos: ,,cot.) ;eve 500 000 shall be divided equally between or among co-

Th e total ;hare: oLle o -czncr in several join=unts may exce c d php500,000 but will on, be
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iv. Zi nrt'aacIlut:t.:hheld tlte ritutV:IjZi dTc ai e'ntity atedeaftiZtru'iTPerson shall be presumed to
belong solely to the juridical entity.
c, Amount "By" -In Trust For'. (11,, 0,or thc A.auni or' (FAO, another person
ln a -By.. account. Ana by Ben, Ana is Mt depositor.

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nitso tl.:1:,Ttsei ttt'i's.t■te depositor.
d. Explanatory Notes
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