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PDIC

Scam Alert poster used by PDIC to warn the public about bogus payments

Fake PDIC receipts on the rise: How to detect bogus payments, report scams

By Edielyn Mangol, Reporter Fake PDIC Receipts are making the rounds online, making it ever more important to learn how to detect and report scams. These forged documents, which falsely carry the name and logo of the Philippine Deposit Insurance Corporation (PDIC), are being used by scammers to collect bogus payments and mislead the public. […]

BSP Governor Eli M. Remolona, Jr. and PDIC President and Chief Executive Officer Roberto B. Tan shake hands after signing the BSP-PDIC Revised Memorandum of Agreement on Information Exchange

BSP, PDIC sign MOA on information exchange to ensure a resilient and responsive financial sector

To protect the depositing public, especially from frauds and scams that have since become even more elaborate and complex, two government institutions have recently joined hands to remind banks to be extra careful and take risks more seriously. Early this week, Governor Eli M. Remolona, Jr. of the Bangko Sentral ng Pilipinas (BSP) and Roberto […]

Photo of someone counting coins to show what happens to your loans when a lender goes bankrupt

PDIC’s extended loan incentive targets borrowers from closed banks, offers them financial relief

You’ve just secured a loan for your business from a bank and then that bank suddenly closes down. So, what happens to your loan — is it automatically forfeited? If not, how do you settle your obligations? Where should you go next? IMAGE CREDIT: https://www.bankrate.com/ What happens to your loan? According to Bankrate, when a […]

LANDBANK and PDIC executives during the signing of a MOU for the issuance of LANDBANK VISA Debit Cards to deposit

PDIC now accepts digital payments through Land Bank of the Philippines’ Link.BizPortal facility

The Philippine Deposit Insurance Corp. (PDIC) has recently added LandBank’s Link.BizPortal digital payment facility to its array of available payment channels. Using clients’ eligible source accounts such as LandBank or OFBank deposit account and/or corporate payment, e-wallet account and deposit accounts with other banks, the Link.BizPortal can now be tapped by clients of closed banks […]