Community Rural Bank of Magsaysay (Davao Del Sur), Inc.
Bank Bulletin No. 09-15 • Bureau of Internal Revenue (BIR) Issuances • Bank Bulletins • May 15, 2015
Full text
May 15, 2015 BANK BULLETIN NO. 09-15 TO : All BIR Authorized Agent Banks SUBJECT : Community Rural Bank of Magsaysay (Davao Del Sur), Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept COMMUNITY RURAL BANK OF MAGSAYSAY (DAVAO DEL SUR), 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 May 8, 2015 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 716 dated May 7, 2015 which prohibited COMMUNITY RURAL BANK OF MAGSAYSAY (DAVAO DEL SUR), INC. with Head office address at Roxas Blvd., Magsaysay, Davao del Sur 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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