PDIC insures all types of deposits for individuals, institutions, residents and non-residents, including:
-Current and demand deposits
-Saving deposits.
-Term and subject to notice deposits.
-Joint deposits accounts that belong to more than one person.
Excluding the following deposits:
-Deposits of the government and its agencies.
-Deposits of the PMA
-Deposits between members and other financial institutions
-Cash guarantees within the limits of the amount of guaranteed facilities
-Deposits of related person, in accordance with the provisions of the banking law currently in force.
-Deposits of the auditor of member and/or members of its Sharia supervisory board
-Restricted investment deposits, as determined by the board
Other financial institutions :
-Deposits of insurance companies and reinsurance companies licensed by Palestine Capital Market Authority.
-Deposits of brokerage firms licensed by the Palestine Capital Market Authority.
-Deposits of Specialized lending institution licensed by the PMA.
