Cathay United Bank is a member of the Central Deposit Insurance Corporation (CDIC). Since 1 January 2011, every depositor is entitled to a security of up to NT$3 million for their deposit principal and interest under the same institution covered by CDIC.
Scope of deposit insurance
According to Article 12 of the Deposit Insurance Act, the scope of the deposit insurance shall cover deposits made within the Republic of China.
Deposits covered by the deposit insurance
Transfer deposits required by law to be deposited in certain financial institutions
Other deposits that the competent authority has approved as insurable
Deposits not covered by the deposit insurance
Negotiable certificates of deposits
Amounts due to all levels of government agencies
Amounts due to the Central Bank
Amounts due to other financial institutions
Deposits made by international financial service branches established by Cathay United Bank
Other deposits that the competent authority has approved as uninsurable
For more information on deposit insurances, please visit the Depositors' Rights and Safeguards section in the official website of the Central Deposit Insurance Corporation：http://www.cdic.gov.tw/