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CDIC


 

Canada Deposit Insurance Corporate(CDIC)

Bank of China ( Canada) is a member of Canada Deposit Insurance Corporation( CDIC). In using  deposit service and related products, customers will see a sign of CDIC trademark displayed in branches of the Bank as below.  

To be eligible for deposit insurance, deposits must be held in Canadian currency, have a term of five years or less and be payable in Canada.  The maximum basic coverage is $100,000 per depositor per member institution (not per branches). For more information on deposit insurance, customers can refer to the Protecting Your Deposits brochure on the website of CDIC as below:

http://www.cdic.ca/en/about-di/what-we-cover/Pages/list-members.aspx

 

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