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*Deposit Protection Corporation (DPC) to compensate clients of failed banks* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ws The Deposit Protection Corporation (DPC) has paid out US$3,2 million out of US$6,4 million to clients of failed banks. Depositors with US$1 000 or less in their accounts get all their funds while high net-worth clients and corporates are paid through the liquidation process on a pro-rata basis. Depositors in banks that closed prior to June 1, 2016 are compensated using the old cover limit of US$500. DPC chief executive officer Mr John Chikura told The Sunday Mail Business last week that compensations were progressing. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- He also said all depositors from AfrAsia, Allied, Interfin, Royal, Genesis and Trust banks are welcome. Chikura said funds are available and depositors only need to submit a claim form and they will reimburse them within five days via respective banks or mobile phone transfers. More: Sunday Mail itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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