Lapu-Lapu Rural Bank, Inc.
Bank Bulletin No. 06-16 • Bureau of Internal Revenue (BIR) Issuances • Bank Bulletins • Feb 18, 2016
Full text
February 18, 2016 BANK BULLETIN NO. 06-16 TO : All BIR Authorized Agent Banks SUBJECT : Lapu-Lapu Rural Bank, Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept LAPU-LAPU RURAL BANK, 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 January 29, 2016 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 121 dated January 28, 2016 which prohibited LAPU-LAPU RURAL BANK, INC. with Head Office address at Sta. Catalina St., Brgy. Poblacion II, Carcar City, Cebu 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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