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Rural Bank of Caba (La Union), Inc.

Bank Bulletin No. 03-16 • Bureau of Internal Revenue (BIR) Issuances • Bank Bulletins • Jan 15, 2016

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January 15, 2016 BANK BULLETIN NO. 03-16 TO : All BIR Authorized Agent Banks SUBJECT : Rural Bank of Caba (La Union), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept RURAL BANK OF CABA (LA UNION), INC. checks as well as taxpayers' checks drawn from the said Bank, in payment of internal revenue taxes. This advisory is in view of the letter of the Philippine Deposit Insurance Corporation (PDIC) dated December 11, 2015 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 2004 dated December 10, 2015 which prohibited RURAL BANK OF CABA (LA UNION), INC. with Office Address at Poblacion Sur, Caba, La Union from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver. For your guidance and strict compliance. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue

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