MANILA – The Philippine Deposit Insurance Corporation (PDIC) has issued updated regulations requiring all banks to display new decals and standees that reflect the increased maximum deposit insurance coverage (MDIC) of P1 million per depositor, effective March 15, 2025.

In a news release dated July 30, PDIC announced the release of Regulatory Issuance (RI) No. 2025-01, which outlines the revised rules on advertisements and the proper use of the PDIC seal, insurance statement, and official signage. The updated rules took effect on July 15.

The new insurance statement—“Deposits are insured by PDIC up to P1 Million per depositor”—must now appear in all bank advertisements, including those on video, audio, print, digital platforms, social media, and out-of-home channels.

To emphasize the updated MDIC, the official PDIC decal and standee have been redesigned in the agency’s colors for better recognition and will be distributed to all banks nationwide free of charge.

Banks are required to prominently display the decal at the entrance of their head office, branches, and branch-lite units. The standee must be visible at tellers’ and New Accounts counters. In the meantime, banks are directed to post a downloadable Notice to Depositors on the new MDIC, available at www.pdic.gov.ph, until the updated materials arrive.

Banks must also display the digital version of the decal on their official websites, digital channels, ATMs, and similar machines.

The issuance also repeals the previous RI No. 2019-01 and reinforces PDIC Memorandum No. 2025-01 issued in February, which provided initial guidance on the coverage increase.

PDIC said these efforts aim to assure depositors that their funds are protected and to maintain public trust in the banking system.

For full details, banks and the public may access the issuance at https://www.pdic.gov.ph/rib-1_451.