Farmers' Rural Bank, Inc.
Bank Bulletin No. 14-15 • Bureau of Internal Revenue (BIR) Issuances • Bank Bulletins • Aug 24, 2015
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August 24, 2015 BANK BULLETIN NO. 14-15 TO : All BIR Authorized Agent Banks SUBJECT : Farmers' Rural Bank, Inc. Effective immediately, all Authorized Agent Banks are hereby advised not to accept FARMERS' 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 August 14, 2015 informing the Bureau of Internal Revenue of the issuance of Monetary Board Resolution No. 1266.B dated August 14, 2015 which prohibited FARMERS' RURAL BANK, INC. with head office address at Rizal St., Lian, Batangas from doing business in the Philippines and placed the same under receivership with the PDIC as the designated Receiver. CAIHTE For your guidance and strict compliance. (SGD.) KIM S. JACINTO-HENARES Commissioner of Internal Revenue
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