Gov?t rolls out eCalculator for insurance depositors

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The Philippine Deposit Insurance Corporation (PDIC) has launched a Web-based eCalculator that helps depositors compute their estimated insured deposits given the maximum deposit insurance coverage of P500,000.

e-calculator

The eCalculator was unveiled during the Kabisig Philippine Government Expo and Trade Fair held at the events center of SM City Fairview in Quezon City.

PDIC president Valentin A. Araneta led the launch ceremonies attended by representatives from colleges, universities, and government institutions, as well as representatives from nearby bank branches.

The Web-based facility is particularly important for depositors with several single and joint accounts in the same bank, the agency said. It may be accessed through the PDIC website, www.pdic.gov.ph.

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