Page 27 - MAYBANK vs EPF
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PIDM does not protect interbank money market placements, negotiable instruments
of deposit and other investment deposit which involve large amounts of money.
Benefits to depositors:
• PIDM protect depositors from incurred loss caused by banks. It will pay the
amount immediately as you are entitled for the deposits.
• Depositors do not have to make any applications as it will be done
automatically by PIDM.
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