Welcome to the web site of Jordan Deposit Insurance Corporation JODIC. This web site is designed to provide the visitor with valuable information regarding JODIC: its business nature, law and the deposit protection it provides to depositors.
This Corporation is an independent public corporation, which was established on September 2000, to reimburse depositors up to JD 50,000 per depositor per bank if a bank fails*.
To be eligible for insurance, your deposits must be in Jordanian Dinar. As an insured depositor, you do not have to apply for insurance, or incur any insurance expenses whatsoever. Being a depositor at a branch of any member bank operating in the country suffices you to be insured.