The Singapore Deposit Insurance Corporation (SDIC) is funded primarily through statutory premium contributions, annual levies, and risk-based assessments collected from all mandatory scheme member financial institutions, including full banks and licensed finance companies operating within Singapore. These collected funds are meticulously pooled and managed under separate statutory funds—such as the Deposit Insurance Fund and the Policy Owners' Protection Funds—which are explicitly designated to cover administrative operational expenses, public educational initiatives, and prompt financial compensation payouts to insured depositors or policyholders in the unlikely event of a member institution failure.