Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

When should the depositor of a closed bank file her/her claim with DIB?

April 26, 2017Bank claim closed Depositor dib file

0

Posted

When should the depositor of a closed bank file her/her claim with DIB?

1 Answer

0

Posted

A. The depositor of a closed bank should file a claim for his/her insured deposit within a reasonable time after the Bank of Tanzania has ordered the closure of the bank on account of insolvency. Normally the time limit of the claim will be announced together with the notice calling for depositors claims.