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What is DIC DIL Insurance?

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Anonymous

∙ 14y ago
Updated: 11/9/2022

DIC/DIL cover (= Difference in Conditions / Difference in Limits)

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Wiki User

∙ 14y ago
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What does DIC mean on your bank statement?

DIC on your bank statement typically stands for "Deposit Insurance Corporation." It indicates that your deposits are insured, providing protection for your funds in case the bank fails. This insurance is usually backed by the government, ensuring that your money is safe up to a certain limit. If you see DIC on your statement, it assures you of the security of your deposits.


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