PDIC continues processing MSB deposit claims

The Philippine Deposit Insurance Corporation (PDIC) said depositors of the closed Maximum Savings Bank Inc. who have not filed their claims for deposit insurance may do so at the PDIC Public Assistance Center, 3rd Floor, SSS Building, 6782 Ayala Avenue corner V.A. Rufino Street, Makati City until 8 November 2021. Claims may also be filed by mail addressed to the PDIC Public Assistance Department, 6th Floor, SSS Bldg., 6782 Ayala Avenue corner V.A. Rufino Street, Makati City.

When filing deposit insurance claims at the PDIC Public Assistance Center, depositors are required to submit directly to PDIC their original evidence of deposit and present one (1) valid photo-bearing ID with signature of the depositor. It is recommended, however, to bring at least two (2) valid IDs in case of discrepancies in signature. Depositors may also file their claims through mail and enclose their original evidence of deposit and photocopy of one (1) valid photo-bearing ID with signature together with a duly accomplished and notarized Claim Form which can be downloaded from the PDIC website, www.pdic.gov.ph. PDIC reminds depositors to deal only with PDIC authorized officers.

Depositors who are below 18 years old should submit either a photocopy of their birth certificate issued by the Philippine Statistics Authority (PSA) or a duly certified copy issued by the local Civil Registrar as an additional requirement, with the Claim Form signed by the parent. Claimants who are not the signatories in the bank records are required to submit an original copy of a notarized Special Power of Attorney. In the case of a minor depositor, the Special Power of Attorney must be executed by the parent. The format of the Special Power of Attorney may be downloaded from the PDIC website.